Search found 35 matches

by EngineerEd
Tue Jun 30, 2020 8:51 am
Forum: Personal Consumer Issues
Topic: Job candidate sending messages via LinkedIn
Replies: 62
Views: 3687

Re: Job candidate sending messages via LinkedIn

For someone who didn't even make it past the resume review (i.e. no interview whatsoever)? No response. Whatever you do, definitely do not explain that you found the ideal candidate early on and other people were just there for due diligence (and this person who contacted you was not even one of tho...
by EngineerEd
Mon Feb 03, 2020 9:48 pm
Forum: Personal Consumer Issues
Topic: Any Dota players on this board?
Replies: 12
Views: 1362

Re: Any Dota players on this board?

I have ~1500 hours sunk into Dota 2, watched TI in-person a few years ago, never was particularly good though (~2700 MMR at best). It's a fun game, but I had to stop playing at some point because the time and emotional investment into trying to improve (as opposed to just trying to have fun and stay...
by EngineerEd
Fri Jan 31, 2020 2:42 pm
Forum: Personal Consumer Issues
Topic: Mazda 3 v Civic Si
Replies: 46
Views: 2906

Re: Mazda 3 v Civic Si

Hmm, I think people might be overselling the racing/tracking character of the Civic Si in that it's led you to believe it may be too harsh and track-focused to daily drive. It is a very good handling car for its price and size class (i.e. under 30k, not a dedicated sports car like the Miata/86). The...
by EngineerEd
Fri Jan 17, 2020 6:33 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5881
Views: 531975

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

Is there a good alternative to M1 Finance for a Roth IRA account that allows free buying and selling of leveraged ETFs? I don't mind rebalancing manually. I'm trying to do a backdoor Roth. With M1 Finance, there is no way to do it automatically with a click of a button. I have to go through custome...
by EngineerEd
Tue Nov 19, 2019 3:51 am
Forum: Personal Finance (Not Investing)
Topic: What to do (career/life)
Replies: 18
Views: 2316

Re: What to do (career/life)

I'd try the move, it's only 2 hours away, you could take weekend trips to see your family every other week without a sweat. Given your family's proximity, moving to Raleigh won't even be that difficult, and if you are afraid of putting down roots in terms of moving and furniture and finances and wha...
by EngineerEd
Wed Oct 30, 2019 8:33 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7704
Views: 621010

Re: U.S. stocks continue to soar!

The US stock market got a sizable and obvious bump around the announcement. There are no threads (I searched) discussing this particular announcement. That said, if you are concerned this will delve into... non-allowable topics of discussion... I will retract my question. To record highs in the S&P5...
by EngineerEd
Wed Oct 30, 2019 5:55 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7704
Views: 621010

Re: U.S. stocks continue to soar!

Can someone more knowledgeable than myself about macro-economics explain why the Fed cut rates yet again?

In the present it obviously pushes up the value of my stock and bond index funds, but is almost alarming for the longer (>1 year) term.
by EngineerEd
Wed Oct 02, 2019 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice for 24 y/o
Replies: 9
Views: 959

Re: Career advice for 24 y/o

What backgrounds do people with those jobs in your company have? I second this ^^ LinkedIn stalk the people you reach out to/are your main contacts at companies you have an account (sales relationship) with. Also, since you're in sales, there is a certain amount of face-to-face getting to know each...
by EngineerEd
Tue Sep 24, 2019 8:02 pm
Forum: Personal Consumer Issues
Topic: Elite liberal art colleges or bigger selective universities?
Replies: 59
Views: 5217

Re: Elite liberal art colleges or bigger selective universities?

This was roughly the quandary I had almost a decade ago now (as a high schooler, not a parent). My older brother even went to one of the elite liberal arts colleges (over a few selective large universities) mentioned in this thread and graduated med school 2 years ago. My academic stats were similar...
by EngineerEd
Mon Sep 16, 2019 3:54 am
Forum: Personal Finance (Not Investing)
Topic: Would you spend an extra day a week for 1 year working for a luxury
Replies: 27
Views: 2607

Re: Would you spend an extra day a week for 1 year working for a luxury

For those of us (maybe most of us?) that work a 5 day 40ish hour work week. This is basically saying would you work an 8 hour day on Sat/Sun for a year for a 30% additional income. That's an easy no for me. I'd consider it if I could work the additional hours in the usual 5 day workweek though (i.e....
by EngineerEd
Tue Jul 23, 2019 10:18 am
Forum: Personal Consumer Issues
Topic: Alfa Romeo Giulia thoughts
Replies: 21
Views: 2064

Re: Alfa Romeo Giulia thoughts

The car and driver long-term (40k mile) review previously mentioned: https://www.caranddriver.com/reviews/a23145269/alfa-romeo-giulia-quadrifoglio-reliability-update/ Article Headline: "After 40,000 Miles with an Alfa Romeo Giulia Quadrifoglio, Our Heart Is Broken" "We desperately hoped for this ent...
by EngineerEd
Thu May 30, 2019 3:00 pm
Forum: Personal Consumer Issues
Topic: Used Miata as a daily driver, terrible idea?
Replies: 44
Views: 2640

Re: Used Miata as a daily driver, terrible idea?

Thanks for all the replies! A lot more support than I expected :D Since there's so many replies I won't go through directly quote+replying to each one, but just a few general thoughts/comments on concerns you all have brought up, as well as a quick update into where I am in my thinking process. ____...
by EngineerEd
Tue May 28, 2019 3:41 pm
Forum: Personal Consumer Issues
Topic: Used Miata as a daily driver, terrible idea?
Replies: 44
Views: 2640

Re: Used Miata as a daily driver, terrible idea?

"Commuting via the 101 to work may be avoidable depending on where I end up living." That is my point, which is that given you will spend most of the time driving in heavy traffic, you will want something more comfortable for this purpose. Sports car is only fun if you get to drive it how it is mea...
by EngineerEd
Tue May 28, 2019 3:18 pm
Forum: Personal Consumer Issues
Topic: Used Miata as a daily driver, terrible idea?
Replies: 44
Views: 2640

Re: Used Miata as a daily driver, terrible idea?

Thanks for the responses so far! Few comments: My second thought, is there really such a thing as a 20 minute drive to work in those parts? And if so, can you afford to live in it? My office is in San Mateo county, so well within the "Peninsula" suburban area within the "Bay area". I plan to live ve...
by EngineerEd
Tue May 28, 2019 3:01 pm
Forum: Personal Consumer Issues
Topic: Used Miata as a daily driver, terrible idea?
Replies: 44
Views: 2640

Used Miata as a daily driver, terrible idea?

Hi, Frequent lurker, rare poster at BH. I am moving to the Bay area, more specifically Redwood City/San Mateo area, next month from an East coast city where I don't have a car and use public transit. As such, I need a car to commute to work and more generally get around. Since the weather seems to b...
by EngineerEd
Fri Sep 21, 2018 10:23 am
Forum: Personal Consumer Issues
Topic: Rear ended - Take the Cash?
Replies: 18
Views: 1974

Re: Rear ended - Take the Cash?

Nobody in their right mind would pay $4000 for a 10 year old Camry with a bent chassis. +1. If you didn't tell the future buyer about this unfixed accident then you would be a very unethical person. - Who said anything about not disclosing the crash? - Who said anything about not fixing the bumper?...
by EngineerEd
Fri Sep 07, 2018 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 467
Views: 53160

Re: Lucrative careers?

The # of shares that are granted to you will vary depending on what the stock does. So your bonus letter will say "you will be paid $120,000 in RSUs, vesting over 4 years ($30,000/year)". If the stock price at the first vest is $10, you will be issued 3,000 shares. If the stock price at next vest i...
by EngineerEd
Fri Sep 07, 2018 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 467
Views: 53160

Re: Lucrative careers?

Some tech companies give out RSUs in terms of $, not # of shares. So you are guaranteed that amount of $ no matter what happens to the stock. Of course that also caps your upside. Let's see if I can salvage something informative out of this thread. I don't understand how RSUs, which are shares and ...
by EngineerEd
Mon Jun 04, 2018 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Career Move: Please convince me why I should not work in tech
Replies: 74
Views: 9844

Re: Career Move: Please convince me why I should not work in tech

You are asking the right questions, but not all of them. Also, we need more info. 1. Data Science is not tech, I think he's (the OP) only considering working as a data scientist at a "tier 1" tech company (so... FAANG and a few others from what I gathered?). So he's effectively thinking big tech co...
by EngineerEd
Fri May 25, 2018 1:49 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on Paul Merriman's Portfolio
Replies: 71
Views: 33056

Re: Thoughts on Paul Merriman's Portfolio

I started my investing career 5 years ago approximating his ultimate buy and hold as well as I could with Vanguard ETFs in my Roth IRA. Eventually I found it frustrating to have leftover money from ETFs (can only buy whole shares of ETFs except on dividend reinvestments), as well as the difficulty o...
by EngineerEd
Mon Apr 02, 2018 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Career Move: Please convince me why I should not work in tech
Replies: 74
Views: 9844

Re: Career Move: Please convince me why I should not work in tech

Not sure what you are doing now but outsourcing is a huge problem for tech at the type of companies you are describing. I would avoid that at all costs or completely understand it. You will probably have many jobs as tech is no longer controlled by tech people but by finance people. What would you ...
by EngineerEd
Tue Feb 13, 2018 1:21 am
Forum: Personal Investments
Topic: Withdraw from Roth IRA to contribute to TIRA now? (potential income limit tax issues)
Replies: 2
Views: 489

Withdraw from Roth IRA to contribute to TIRA now? (potential income limit tax issues)

Hi all, I have been investing at regular intervals (every month) into my Roth IRA since starting work almost 2 years ago. However it dawned upon me recently that I may run into the income limit for Roth IRA this year (TY2018, $120K linear phase out to $135K). I am not completely sure that I will hit...
by EngineerEd
Wed Feb 01, 2017 7:07 pm
Forum: Personal Investments
Topic: Is there any reason for me to invest in taxable accounts yet?
Replies: 9
Views: 1370

Is there any reason for me to invest in taxable accounts yet?

Just wanted to make sure I'm on the right track here with my finances. I just started my first full-time job this past summer (graduated last year). Here's my current situation: Emergency funds: ~$3000 in Ally online savings, this is rapidly increasing (because rent is expensive in DC metro area), w...
by EngineerEd
Thu Oct 27, 2016 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Engineering to Finance (CFA, CFP)
Replies: 34
Views: 4298

Re: Engineering to Finance (CFA, CFP)

It's not an illusion. CFAs make a ton of money in the right roles (ie investment banking). carorun, We could make the same statement for any area. Above average CFA makes a lot of money. Ditto for above average engineer. KlangFool "Above average engineers" make a lot of money? I'd like to see the s...
by EngineerEd
Thu Dec 17, 2015 3:48 am
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 633
Views: 90834

Re: Flaunt Your High-Mileage Car

2005 Honda Accord LX I4-5MT, 229k miles 3rd owner, bought for ~$2500 @215k miles. Learned stick on the car, commuted for my summer job on the car, went on 1000+ mile road trips on the car. Coming from a family of (automatic 4 cylinder) Toyotas it's a ball to drive. Craziest thing is how much of a no...
by EngineerEd
Thu Dec 10, 2015 2:34 am
Forum: Personal Consumer Issues
Topic: 1999 Honda Civic, 200K miles --- buy a new 2016 Civic?
Replies: 75
Views: 10945

Re: How to save $715,600.88

Nathan: I went to Edmonds to learn how much it costs to own a new 2015 Civic and a new 2015 Accord, each with 15,000 miles and held for 5 years. Edmonds estimates the Civic 5-year cost to own is $25,618 and the Accord $37,931. The difference is $12,313 or $205/month (rounded). Assuming you invest $...
by EngineerEd
Sun Aug 23, 2015 2:57 pm
Forum: Personal Consumer Issues
Topic: Cheaper car for someone who enjoys cars?
Replies: 63
Views: 11539

Re: Cheaper car for someone who enjoys cars?

Miata is always the answer? :D Since you're in the Boston area though, a super light RWD convertible might not be best though. FWD/AWD hot hatches might work though (GTI, Golf R, Focus/Fiesta ST). Also something like a Subaru WRX (STI?) is AWD and has some practicality that none of the above have, w...
by EngineerEd
Wed May 20, 2015 1:21 pm
Forum: Personal Consumer Issues
Topic: How much can I spend on a car?
Replies: 157
Views: 35580

Re: How much can I spend on a car?

^ There are those of us weirdos who do enjoy a good negotiation. I spent the better part of a half day haggling over the price of my car and got all kinds of perks because of it. Free lunch, free oil changes, not to mention a couple hundred off here and a couple hundred off there, which resulted in...
by EngineerEd
Thu Oct 02, 2014 12:58 am
Forum: Personal Consumer Issues
Topic: Where to start work as an engineering major?
Replies: 32
Views: 4281

Re: Where to start work as an engineering major?

My main question is: when do I start looking to opt-out of engineering? Based on this question, I'd say immediately. If you don't want to do engineering, why waste your time and money - or maybe your parent's money. You seem to be very career/money motivated. Engineering is not the right place for ...
by EngineerEd
Tue Sep 30, 2014 11:36 pm
Forum: Personal Consumer Issues
Topic: Where to start work as an engineering major?
Replies: 32
Views: 4281

Re: Where to start work as an engineering major?

Thanks a lot for all the replies so far! I guess since this site doesn't have a multi-quote function, I'll just reply to points which are brought up multiple times or that I found interesting. This will probably end up being a long post. _________ I definitely will start looking around for older eng...
by EngineerEd
Mon Sep 29, 2014 12:26 am
Forum: Personal Consumer Issues
Topic: Where to start work as an engineering major?
Replies: 32
Views: 4281

Where to start work as an engineering major?

Quick background on myself and the context of this question: I am a senior at a top engineering school (top 10 in engineering) studying materials science and engineering (also a top 10 program). I don't like to boast or brag about the strength of my school at engineering, I only mention it to give c...
by EngineerEd
Tue Apr 22, 2014 10:26 pm
Forum: Investing - Theory, News & General
Topic: Does Asset Allocation beat the S&P 500?
Replies: 75
Views: 10251

Re: Does Asset Allocation beat the S&P 500?

Why not just put all your money into vanguard small cap growth? It's outperformed the S&P500 index handily. Blue = VISGX Vanguard Small Cap Growth index Investor Orange = VFINX Vanguard 500 Index Investor http://globalquote.morningstar.com/globalcomponent/GenerateFundChart.ashx?chart=quote&w=955&h=2...
by EngineerEd
Mon Mar 31, 2014 12:29 am
Forum: Personal Finance (Not Investing)
Topic: Being older/younger in class -- benefits, issues?
Replies: 114
Views: 16935

Re: Being older/younger in class -- benefits, issues?

If given the choice with a relatively late birthday (March-August) I am on the side of holding back (starting first grade at age 7, kindergarten at age 6, etc.). I am still young (21) so keep that in mind. I am a March birthday and prior to probably Freshman year of college I always was of the train...
by EngineerEd
Fri Mar 21, 2014 2:26 am
Forum: Personal Finance (Not Investing)
Topic: advice requested from engineers
Replies: 85
Views: 7230

Re: advice requested from engineers

Re: CMU Computer Science. Is it worth 40k/year extra? Hard to say. I can tell you that the average salary for entry level ranges around 96-100k per year. Supposing that you can maintain above even a 3.0 GPA it's not particularly hard to get internships for the summer after sophomore year either. Abo...
by EngineerEd
Tue Aug 06, 2013 7:12 am
Forum: Personal Investments
Topic: Tilted Portfolio review for new investor
Replies: 5
Views: 846

Tilted Portfolio review for new investor

Hi, My name is Edward and I'm currently 20 years old and studying material science and engineering in college. I just finished my summer job/internship and have started investing money through vanguard etfs. After a decent amount of research I decided to make a slice and dice portfolio tilted toward...