Search found 32 matches

by spae
Wed Nov 06, 2019 3:28 am
Forum: Investing - Theory, News & General
Topic: Robinhood, Heading for a Trainwreck?
Replies: 41
Views: 5393

Re: Robinhood, Heading for a Trainwreck?

In this case it is the other way around (investors lost Robinhood money.) No, they lost their own money. They just borrowed it from Robinhood. If you did a cash out refinance of your home, then went to Vegas and gambled it all away, would you say you had "lost the mortgage company's money"? I don't...
by spae
Fri Nov 01, 2019 2:32 am
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 24604

Re: IT compensation comparison

I think talent is overrated, but on the rest, I'd say the engineers I worked with at the same level were better. The big tech companies have pretty hefty title inflation. It's a lot easier to get promoted in an org that's growing by 25% or 50% a year that has 10%-25% annual turnover than in an org t...
by spae
Wed Oct 30, 2019 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Timeshare offer experience
Replies: 92
Views: 8952

Re: Timeshare offer experience

I stopped doing this after a salesperson told me that this is his livelihood and you had no intention of buying so I was being selfish and abusing the system.He was right but the timeshare companies do the same.I did that same deal in Princeville but was not offered the second trip with the points....
by spae
Wed Oct 30, 2019 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 24604

Re: IT compensation comparison

What about software sales? I didn't really see it mentioned but the salary packages in this field are insane. I just recently took the leap from IT architect at MegaCorp to software sales and doubled my salary/package. I'm more on the technical side, some of the full on sales teams/account director...
by spae
Mon Oct 28, 2019 1:01 am
Forum: Personal Investments
Topic: Saving for medium/indefinite term - advice?
Replies: 43
Views: 3330

Re: Saving for medium/indefinite term - advice?

Feel free to read the full report from the Joint Center for Housing Studies at Harvard (https://www.jchs.harvard.edu/sites/default/files/hbtl-06.pdf). Did you actually read the study? Here are two quotes: Of note, unlike previous studies, we do not attempt to account for selection bias in who becom...
by spae
Mon Oct 28, 2019 12:14 am
Forum: Personal Consumer Issues
Topic: Is this new to engineering job hunting?
Replies: 33
Views: 4238

Re: Is this new to engineering job hunting?

"Analyze raw data from Internet of Things sensors and find patterns and behaviors to base an algorithm off of to detect machine failure. Algorithm design involves engineering knowledge to understand how machines break down, and how the environment affects certain mechanisms. Other things include: T...
by spae
Sun Oct 27, 2019 4:50 pm
Forum: Personal Investments
Topic: I’m done with index funds
Replies: 201
Views: 20467

Re: I’m done with index funds

I’m facing “issues” most Bogleheads don’t have to think about. ... No offense, but many Bogleheads have developed a dogmatic, blindsided approach based exclusively on the lowest ERs, while totally ignoring the rest of the equation. You cannot simply “stop” at the $70k fees if they actually save me ...
by spae
Sun Oct 27, 2019 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 24604

Re: IT compensation comparison

... a FinTech company ... I did notice the vast majority of the tech people in this company were under 35. Also most had Ivy league education. ... In any case I will keep trying, but this experience kind of confirmed what I have felt about these highly paid IT roles.. I've done interviews and gotte...
by spae
Sun Oct 27, 2019 2:00 pm
Forum: Personal Consumer Issues
Topic: Is this new to engineering job hunting?
Replies: 33
Views: 4238

Re: Is this new to engineering job hunting?

What's his field? Most EEs I know go straight into regular full-time jobs, but it may depend on his specialization.
by spae
Sun Oct 27, 2019 1:53 pm
Forum: Investing - Theory, News & General
Topic: "More evidence that it’s really hard to ‘beat the market’ over time"
Replies: 18
Views: 2803

Re: "More evidence that it’s really hard to ‘beat the market’ over time"

This is actually very analogous to the markets. Until recently, it was not possible for individual investors to get the returns of a broad market index, since until recently there were no cheap and efficient index funds and individual stocks buying and selling had high commissions. ... Now that eve...
by spae
Wed Oct 23, 2019 6:47 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard checking -- Use it or lose it
Replies: 71
Views: 5401

Re: Vanguard checking -- Use it or lose it

I'm amazed at how much victim blaming is going on here. Anyone who works in a field where people care about safety knows that blaming the operator for failing to initiate the correct manual action by picking out the correct warning in the face of a blizzard of warnings is an anti-pattern because we ...
by spae
Tue Oct 22, 2019 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard checking -- Use it or lose it
Replies: 71
Views: 5401

Re: Vanguard checking -- Use it or lose it

Thanks for the info. I was considering enabling check writing for use in case of emergency, but if checkwriting is going to get disabled if I don't use it, maybe I'll try having a spare checking account at one of the places people recommend, like Ally, Schwab, or Fidelity. Some posters have noted th...
by spae
Sat Oct 19, 2019 4:06 pm
Forum: Personal Consumer Issues
Topic: Why so many iPhones??? Why did you pick it? Why do you upgrade it?
Replies: 156
Views: 9936

Re: Why so many iPhones??? Why did you pick it? Why do you upgrade it?

OP HERE I have never had a single issue with Android OS iteself or any apps that I use day in and day out. Sure, I am just one person and maybe I'm the only person on planet earth that can say that with a straight face but honestly, I cannot recall any frustration, issues, freezing, weird outcomes,...
by spae
Fri Oct 18, 2019 8:57 pm
Forum: Personal Consumer Issues
Topic: Why so many iPhones??? Why did you pick it? Why do you upgrade it?
Replies: 156
Views: 9936

Re: Why so many iPhones??? Why did you pick it? Why do you upgrade it?

I would guess that most of the people you described, SV engineers and Google employees, have phones paid for by their employers, so the cost differential for iPhones is of no concern to them That's actually pretty rare. For a year or two, Google gave out Android phones as Christmas gifts but a lot ...
by spae
Fri Oct 18, 2019 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a short career break in silicon valley
Replies: 13
Views: 3158

Re: Taking a short career break in silicon valley

I've taken a lengthy break of over a year and I know a few people who've done that multiple times. No problems so far, but it's not risk free. If there's a downturn or a crash, it might be hard to find a job afterwards.
by spae
Fri Oct 18, 2019 3:13 am
Forum: Personal Consumer Issues
Topic: can't logon to vanguard account [Website Down]
Replies: 101
Views: 7870

Re: Vanguard Website Down Again

No problem here right now. I logon almost daily. I don't recall any recent problems. I'm not discounting your experience, but you might consider your ISP or other connections as a source of your problem. you might check https://www.isitdownrightnow.com/ or https://isitup.org/ I tried logging in ten...
by spae
Thu Oct 17, 2019 4:34 pm
Forum: Personal Consumer Issues
Topic: Why so many iPhones??? Why did you pick it? Why do you upgrade it?
Replies: 156
Views: 9936

Re: Why so many iPhones??? Why did you pick it? Why do you upgrade it?

I've never been able to convince an Apple fan to switch regardless of the specs on paper. They are hardcore fans. I’m not sure which phone specs you’re talking about, but it must not be CPU performance, because Apple’s silicon is literally years ahead of the competition. All else being equal, I wou...
by spae
Thu Oct 17, 2019 4:19 pm
Forum: Personal Consumer Issues
Topic: Why so many iPhones??? Why did you pick it? Why do you upgrade it?
Replies: 156
Views: 9936

Re: Why so many iPhones??? Why did you pick it? Why do you upgrade it?

Until a few years ago, iPhones had the best cameras you could get on smartphones. Since then, iPhones are simply faster. Every year, my friends at Google tell me how amazing the new Pixel phone is and I try it and it's slower than a multiple year old iPhone. To check that this isn't my imagination, ...
by spae
Wed Oct 16, 2019 3:57 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 1469
Views: 102892

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Not sure if covered elsewhere, but this strategy should be implementable in Fidelity IRAs now, given that commission fees are zero. I've been doing this with Fidelity the entire time. With quarterly rebalancing, the cost savings from free trades doesn't amount to much. I certainly don't mind the co...
by spae
Mon Oct 14, 2019 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: How to make myself most employable (full stack developer)
Replies: 11
Views: 1285

Re: How to make myself most employable (full stack developer)

If you want to work remote for a company that pays top-of-market for remote, the two things you'll need are: 1. A connection to someone who can refer you because these companies have stupid hiring filters and usually won't hire someone whose experience is on the Microsoft stack unless a referral get...
by spae
Thu Oct 10, 2019 5:48 pm
Forum: Personal Investments
Topic: What should I do about employer / industry risk in tech?
Replies: 36
Views: 3137

Re: What should I do about employer / industry risk in tech?

OP, what you're actually asking is about is the correlation of various asset classes to tech. Here you go: I think should be more concerned about annual correlations than daily correlations for my use case, what do you think? This is from Jan 1997 to Dec 2018. https://imgur.com/1vnlJtV Relative to ...
by spae
Thu Oct 10, 2019 10:37 am
Forum: Personal Investments
Topic: What should I do about employer / industry risk in tech?
Replies: 36
Views: 3137

Re: What should I do about employer / industry risk in tech?

The only magical thinking in this thread is you thinking that Windows and O365 is technically “poor”, either compared to the competition or in and of itself. Can you educate us on why you believe this? This post on the deficits of Windows is accurate: http://blog.zorinaq.com/i-contribute-to-the-win...
by spae
Thu Oct 10, 2019 1:03 am
Forum: Personal Investments
Topic: What should I do about employer / industry risk in tech?
Replies: 36
Views: 3137

Re: What should I do about employer / industry risk in tech?

I'm in my 40s so I went through the dotcom bust very early in my career with a company whose stock went from $10 to $500 and then to $0.50, then had a period of consolidation with a lower paying although stable job and now back with a higher paying company. But I was fortunate to keep funding my 40...
by spae
Wed Oct 09, 2019 3:44 pm
Forum: Personal Investments
Topic: What should I do about employer / industry risk in tech?
Replies: 36
Views: 3137

Re: What should I do about employer / industry risk in tech?

I understand the need to try and hedge since your current employers are in tech/healthcare but unless you are over exposed to your own company's stock, why would you even factor in where you are employed in your investment decision? If TSM is over weight in tech sector and tech starts to underperfo...
by spae
Wed Oct 09, 2019 3:03 pm
Forum: Personal Investments
Topic: What should I do about employer / industry risk in tech?
Replies: 36
Views: 3137

Re: What should I do about employer / industry risk in tech?

Well if they don’t have excellent employees who are content with their compensation, They wouldn’t be doing so well. Employees leave. If they leave someone else takes their place - hence competitive. Some friends of mine are so wealthy that their kids probably won't have to work because they spent ...
by spae
Wed Oct 09, 2019 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 24604

Re: IT compensation comparison

You can certainly argue that the products at LinkedIn, Facebook, etc are not groundbreaking in what they do . But as has been mentioned, the difficultly in producing them, and consequently the compensation for doing so, is based on the immense scale at which they must operate. I've really found the...
by spae
Wed Oct 09, 2019 2:20 pm
Forum: Personal Investments
Topic: What should I do about employer / industry risk in tech?
Replies: 36
Views: 3137

Re: What should I do about employer / industry risk in tech?

Total Stock Market is the most correlated to tech. Thanks for pulling up these numbers. I suspected the correlation would be high simply from looking at what total stock market holds, but I didn't realize it's that high. The top N holdings are a list of major tech employers. Many mid-sized tech com...
by spae
Wed Oct 09, 2019 2:03 pm
Forum: Personal Investments
Topic: What should I do about employer / industry risk in tech?
Replies: 36
Views: 3137

Re: What should I do about employer / industry risk in tech?

Dottie57 wrote:
Wed Oct 09, 2019 12:45 pm
The results of Apple and MS say different.
Have you somehow confused this thread about employee compensation in tech with another thread about the financial results of tech companies? I don't understand how this response could make sense otherwise.
by spae
Wed Oct 09, 2019 10:47 am
Forum: Personal Investments
Topic: What should I do about employer / industry risk in tech?
Replies: 36
Views: 3137

Re: What should I do about employer / industry risk in tech?

Just a note. Apple and Microsoft pay competitive wages to programmers since they are able to hire people they want. This is simply not true. At L63 senior, Microsoft median is about $225k/yr. This is a very good new grad offer at FB or Google or poor compensation for a new grad one or two years in....
by spae
Wed Oct 09, 2019 9:57 am
Forum: Personal Investments
Topic: What should I do about employer / industry risk in tech?
Replies: 36
Views: 3137

Re: What should I do about employer / industry risk in tech?

The tech sector is broad with many financially strong companies. If tech takes a downturn, they are not all going to behave the same. IBM has weathered more than a few storms since its inception in the 1880s. Tech companies such as Microsoft, Apple and other have large amounts of cash . . . None of...
by spae
Wed Oct 09, 2019 12:02 am
Forum: Personal Investments
Topic: What should I do about employer / industry risk in tech?
Replies: 36
Views: 3137

Re: What should I do about employer / industry risk in tech?

Tyler, I appreciate your suggestion but, including refresh grants that aren't contingent on performance, I hold about $1m in unvested stock in my employer that will vest over the next four years. Bonuses that are contingent on my employer's continued profitably over the same time period are probably...
by spae
Tue Oct 08, 2019 10:29 pm
Forum: Personal Investments
Topic: What should I do about employer / industry risk in tech?
Replies: 36
Views: 3137

What should I do about employer / industry risk in tech?

The boring part of my portfolio is basically 90/10 VTWAX (Vanguard Total World) / VTBLX (Vanguard Total Bond) and then I have a small part of my portfolio in the excellent adventure. This isn't completely accurate because of what my 401k allows me to hold and I have legacy holdings of VTSAX plus VTI...