Search found 167 matches

by sjl333
Wed Oct 21, 2020 7:57 am
Forum: Personal Consumer Issues
Topic: Podcasts like Peter Attia, Rhonda Patrick
Replies: 9
Views: 1050

Re: Podcasts like Peter Attia, Rhonda Patrick

Hi guys, I recently came across two podcasts that I'm finding quite useful: Peter Attia: Drive Rhonda Patrick: Found My Fitness They seem balanced and trustworthy for getting health related knowledge. Wondering if any fans of these podcasts can recommend other similair podcasts please? (I like the ...
by sjl333
Thu Oct 01, 2020 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Six Figure Student Debt
Replies: 84
Views: 6922

Re: Six Figure Student Debt

I'm not living at home at 23, 24 years old. I wouldn't recommend it to any young adult that can afford not to. A lot of important growth takes place at that age and some of that growth is dependent upon being self-reliant and also upon being away from mom and dad. Neither of those exist living at h...
by sjl333
Wed Sep 30, 2020 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: How well did you predict your income growth?
Replies: 52
Views: 3966

Re: How well did you predict your income growth?

More than I could have imagined. I put my upper ceiling around 250k, but blew past it. Worked my butt off to get to where I'm at today. Engineer, individual contributor, consultant, possess technical skills that are very very hard to find at the moment. Key to success: Work very hard in your profess...
by sjl333
Wed Sep 30, 2020 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Six Figure Student Debt
Replies: 84
Views: 6922

Re: Six Figure Student Debt

OP, Great advice given already nothing new to add. I was in a similar shoe as you when I got out of college ... Debt around 120k with a starting salary of 65k. My advice would be to throw all your money into that debt (sell from brokerage), work on increasing your income and advancing your career , ...
by sjl333
Fri Sep 25, 2020 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: At what networth is okay to splurge on a 200k car ? (Tesla roadster)
Replies: 159
Views: 10691

Re: At what networth is okay to splurge on a 200k car ? (Tesla roadster)

Hi all, Still young and in the accumulation phase. Was wondering what networth you need to be able to buy a 200k car , even if it extends your retirement age by a couple of years ? Note, car would be paid for in all cash. Thanks. edit: For those of you wondering about my financials ... I have a net...
by sjl333
Fri Sep 25, 2020 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: At what networth is okay to splurge on a 200k car ? (Tesla roadster)
Replies: 159
Views: 10691

At what networth is okay to splurge on a 200k car ? (Tesla roadster)

Hi all, Still young and in the accumulation phase. Was wondering what networth you need to be able to buy a 200k car , even if it extends your retirement age by a couple of years ? Note, car would be paid for in all cash. Thanks. edit: For those of you wondering about my financials ... I have a net ...
by sjl333
Wed Sep 23, 2020 10:54 pm
Forum: Investing - Theory, News & General
Topic: What did your accounts look like in your 30's?
Replies: 89
Views: 7939

Re: What did your accounts look like in your 30's?

Age 31 - networth ~ 370K. Probably will become a multi millionaire in my 30s (as long as the stock market doesn't tank) as I'm investing 200-250K/year (after taxed money). Don't feel ahead right now but probably will be way ahead of my peers in a couple of years.
by sjl333
Mon Sep 14, 2020 5:00 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 261
Views: 28354

Re: Family member has one million in one stock , doesn't want to cash out

Dad got back in ... Around 350... 250k instead of 600k.

He bought some apple and Nvidia and some other stocks during this period ...
by sjl333
Mon Sep 14, 2020 11:56 am
Forum: Personal Finance (Not Investing)
Topic: what is your side job and income?
Replies: 87
Views: 10740

Re: what is your side job and income?

Contractor, paid OT at 1.5x , unlimited OT for the foreseeable future. Working 10-20 hours additional every week. 20 hours is getting hard to sustain and burning out so hitting 10-15 additional hours every week.

OT income is netting me an additional 10,000-15000 every month, pretax.
by sjl333
Mon Sep 14, 2020 11:54 am
Forum: Personal Consumer Issues
Topic: Coping with Megacorp rat race
Replies: 168
Views: 16415

Re: Coping with Megacorp rat race

Nothing new to add , just feel your pain OP. 31 and feeling burned out. Company is paying me too much for me to leave. Keep stashing away and invest properly which will give you freedom later on. That's my plan at least. Remember to enjoy life too.
by sjl333
Sun Sep 13, 2020 10:47 am
Forum: Investing - Theory, News & General
Topic: What is your age and asset allocation ?
Replies: 246
Views: 15509

Re: What is your age and asset allocation ?

31, 100/0, 5% on individual stocks.
by sjl333
Tue Sep 08, 2020 4:50 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 261
Views: 28354

Re: Family member has one million in one stock , doesn't want to cash out

All , he sold all of his tesla stock to cash. Only got very minor profit. Still plans to hold Nvidia and AAPL.
by sjl333
Tue Sep 08, 2020 12:39 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 261
Views: 28354

Re: My dad has 1 million in Tesla, I told him to cash out, he doesn't want too

All, I know people told me not to say to my dad "I told you so". But I did yesterday. Signs were very obvious he should have gotten out when he had a chance. He sold half today and is going to ride with the other half in Tesla still , basically broke even on the stock , maybe a slight profit ? But ...
by sjl333
Tue Sep 08, 2020 11:35 am
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 261
Views: 28354

Re: My dad has 1 million in Tesla, I told him to cash out, he doesn't want too

All, I know people told me not to say to my dad "I told you so". But I did yesterday. Signs were very obvious he should have gotten out when he had a chance. He sold half today and is going to ride with the other half in Tesla still , basically broke even on the stock , maybe a slight profit ? But m...
by sjl333
Fri Sep 04, 2020 5:38 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 261
Views: 28354

Re: My dad has 1 million in Tesla, I told him to cash out, he doesn't want too

This probably won't be welcome news for Tesla holders. Tesla Didn’t Join the S&P 500, but Three Others Did https://www.barrons.com/articles/tesla-didnt-join-the-s-p-500-but-three-others-did-51599255574 Do you know thw criteria of which companies get in and booted out ? Why wasn't tesla pikced ? Bec...
by sjl333
Fri Sep 04, 2020 5:17 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 261
Views: 28354

Re: My dad has 1 million in Tesla, I told him to cash out, he doesn't want too

This probably won't be welcome news for Tesla holders. Tesla Didn’t Join the S&P 500, but Three Others Did https://www.barrons.com/articles/tesla-didnt-join-the-s-p-500-but-three-others-did-51599255574 Do you know thw criteria of which companies get in and booted out ? Why wasn't tesla pikced ? Bec...
by sjl333
Thu Sep 03, 2020 6:21 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 261
Views: 28354

Re: My dad has 1 million in Tesla, I told him to cash out, he doesn't want too

My only advice to you is don't expect much of an inheritance and don't let your Dad move in with you when he loses the majority of it. I don't expect any inheritance. I'm hoping my dad uses up all his hard earned money for himself and for my mom. He worked very hard to get to this point, would hate...
by sjl333
Thu Sep 03, 2020 6:19 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 261
Views: 28354

Re: My dad has 1 million in Tesla, I told him to cash out, he doesn't want too

7eight9 wrote: Thu Sep 03, 2020 6:02 pm As if today's action (down 9.02%) wasn't bad enough extended hours now showing Bid: 384.95 Ask: 385.40 (down another 5%+).
My dad decided to hold. Looks like he going to learn an expensive lesson once again.

I just hope he doesn't lose his principle.
by sjl333
Thu Sep 03, 2020 4:16 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 261
Views: 28354

Re: My dad has 1 million in Tesla, I told him to cash out, he doesn't want too

In case anybody is wondering ... Dad held and plans to sell if it hits 400. He's lost 185k over a 3 day span. But is still up like 215k on the stock. We shall see what happens....
by sjl333
Mon Aug 31, 2020 10:36 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 261
Views: 28354

Re: My dad has 1 million in Tesla, I told him to cash out, he doesn't want too

All if anybody is wondering when he got in. He got in when it was at $1500. That means he put in around 600k in Tesla in one shot.
by sjl333
Mon Aug 31, 2020 9:11 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 261
Views: 28354

Re: My dad has 1 million in Tesla, I told him to cash out, he doesn't want too

jello_nailer wrote: Mon Aug 31, 2020 9:08 pm
Goal33 wrote: Mon Aug 31, 2020 1:15 pmgive up
+1^
He has GE and he doesn't understand what you're trying to tell him? Heck, he lived it in real time with GE.
He bought into GE after it crashed like at $7 $8
by sjl333
Mon Aug 31, 2020 7:13 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 261
Views: 28354

Re: My dad has 1 million in Tesla, I told him to cash out, he doesn't want too

Don't take this the wrong way, but is part of your concern for him related to an inheritance you would be expecting someday? Perhaps you see a potential million dollar loss as, in some way, your money too. Absolutely not. I'm looking out for him and his future retirement. He's already been burned b...
by sjl333
Mon Aug 31, 2020 2:08 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 261
Views: 28354

Re: My dad has 1 million in Tesla, I told him to cash out, he doesn't want too

Hello all, My dad just told me he has surpassed one million in Tesla . He's 60 years old , 5 years left to retirement. Has a total portfolio of 3 million and RE worth 2 million. His portfolio holdings consist of individual companies such as Tesla , apple, Nvidia , AMD , GE and some other companies....
by sjl333
Mon Aug 31, 2020 1:13 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 261
Views: 28354

Family member has one million in one stock , doesn't want to cash out

Hello all, My dad just told me he has surpassed one million in Tesla . He's 60 years old , 5 years left to retirement. Has a total portfolio of 3 million and RE worth 2 million. His portfolio holdings consist of individual companies such as Tesla , apple, Nvidia , AMD , GE and some other companies. ...
by sjl333
Mon Aug 31, 2020 9:39 am
Forum: Personal Consumer Issues
Topic: is a $1000+ herman miller office chair worth the investment?
Replies: 55
Views: 5676

Re: is a $1000+ herman miller office chair worth the investment?

All bad choice of words on my end. Investment isn't the right word. My apologies. I think the better choice of words would be "is it worth the money"? As somebody with back issues, I felt that maybe splurging on a nice chair would be worth it from a health perspective. This is an old thread BTW. I e...
by sjl333
Sat Aug 29, 2020 5:53 pm
Forum: Personal Investments
Topic: Questions with individual stock picking
Replies: 33
Views: 1974

Re: Questions with individual stock picking

Hello all, I know this goes against the boglehead philosophy, but I've been considering getting into more individual stocks. Nedsaid: I can see you are getting the itch and need to scratch it. Why you might ask ? I've been a boglehead ever since I started my career 9 years ago and I have done quite...
by sjl333
Fri Aug 28, 2020 6:29 pm
Forum: Personal Investments
Topic: Questions with individual stock picking
Replies: 33
Views: 1974

Re: Questions with individual stock picking

This post makes me sad because it strikes me that you're bored and looking for more excitement and/or are suffering from FOMO. Rick Ferri's 4 stages of investing: A successful index fund investor goes through four phases: 1) Darkness - takes advice from everyone; 2) Enlightenment - realizes a marke...
by sjl333
Fri Aug 28, 2020 3:02 pm
Forum: Personal Investments
Topic: Questions with individual stock picking
Replies: 33
Views: 1974

Questions with individual stock picking

Hello all, I know this goes against the boglehead philosophy, but I've been considering getting into more individual stocks. Why you might ask ? I've been a boglehead ever since I started my career 9 years ago and I have done quite well just sticking with the SP500. I understand past performance doe...
by sjl333
Thu Aug 27, 2020 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Do you talk to your friends/family/coworkers about this stuff?
Replies: 210
Views: 16812

Re: Do you talk to your friends/family/coworkers about this stuff?

Resent and jealousy is a real real thing. I have gotten burned way too many times telling people how I'm doing financially. People don't like hearing that you are doing better than them. People treat you differently if they find out you have money (i.e. they will start to expect you to pay for dinne...
by sjl333
Wed Aug 26, 2020 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Keeping assets separate in marriage
Replies: 40
Views: 3205

Re: Keeping assets separate in marriage

Stories like this make me lose faith in humanity.
by sjl333
Fri Aug 14, 2020 1:43 pm
Forum: Personal Consumer Issues
Topic: Model S P100D or Model 3 performance?
Replies: 23
Views: 1411

Re: Model S P100D or Model 3 performance?

Thanks all. Looks like the general consensus is the model 3p. I like the S looks more than the 3 , but seems like the 3 is more sporty and nimble. My "friend" will be looking into getting one sometime early next year. Thanks again . I like the looks of the S too, but like I said the better batterie...
by sjl333
Fri Aug 14, 2020 12:26 pm
Forum: Personal Investments
Topic: How do you manage cash flow for investing?
Replies: 26
Views: 2041

Re: How do you manage cash flow for investing?

DW and I both max out our 401ks and Backdoor Roth IRAs every year. On top of that, after we pay all of our bills each month, we are left with about $25,000/month. Right now, we just have $25,000 automatically transfer from our joint checking account to our joint brokerage account and it's automatic...
by sjl333
Fri Aug 14, 2020 11:02 am
Forum: Personal Consumer Issues
Topic: Model S P100D or Model 3 performance?
Replies: 23
Views: 1411

Re: Model S P100D or Model 3 performance?

Thanks all. Looks like the general consensus is the model 3p. I like the S looks more than the 3 , but seems like the 3 is more sporty and nimble.

My "friend" will be looking into getting one sometime early next year.

Thanks again .
by sjl333
Thu Aug 13, 2020 5:42 pm
Forum: Personal Consumer Issues
Topic: Model S P100D or Model 3 performance?
Replies: 23
Views: 1411

Model S P100D or Model 3 performance?

Hello all, Probably not the best place to be asking this kind of question, But hypothecially, let's say you had 100k cash lying around and you were in the market to buy a Tesla. Would you buy a new model S P100D, a lightly used model S p100d, wait for a refresh for the model S and then buy, or buy a...
by sjl333
Mon Jul 20, 2020 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring from a career in tech
Replies: 104
Views: 10858

Re: Retiring from a career in tech

I am agreeing with their post. I am disagreeing with yours. Okay now I'm even more confused. You are making zero sense . If you agree with techFI statement, then I guess you are agreeing with my statements . He clearly states the WITCH companies abuse the system and treat their employees like slave...
by sjl333
Mon Jul 20, 2020 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring from a career in tech
Replies: 104
Views: 10858

Re: Retiring from a career in tech

I am deeply, deeply knowledgeable about techFI's points. I am deeply, deeply knowledgeable about the points you are trying to make. You are not deeply knowledgeable about the subject. It is not highly prevalent. There are a few bad actors committing essentially all the fraud. You could do far more ...
by sjl333
Mon Jul 20, 2020 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring from a career in tech
Replies: 104
Views: 10858

Re: Retiring from a career in tech

While this does happen, it is rare. Even in aerospace. There are just a few bad actors responsible for the vast majority of fraud. Don't try to take a small issue and make it larger than it is. The H1B program itself is vastly beneficial to the US economy. Let's clean up the few bad actors rather t...
by sjl333
Mon Jul 20, 2020 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring from a career in tech
Replies: 104
Views: 10858

Re: Retiring from a career in tech

i don't know why every discussion about H1B has this mentioned, but it's simply not true. H1Bs are not "slaves" to their employers. the AC21 was enacted in 2000 which allows workers to change employers without affecting their status. yes, the new company needs to do some extra paperwork to take ove...
by sjl333
Mon Jul 20, 2020 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring from a career in tech
Replies: 104
Views: 10858

Re: Retiring from a career in tech

I agree it is illegal and should be banned - but like i said - A LOT of companies exploit the h1b system to hire cheap labor. The h1b personnel have no choice but to accept the low salary or else they will be deported back to India. That is why they are willing to take a low rate, because $25/hr is...
by sjl333
Sun Jul 19, 2020 12:55 pm
Forum: Personal Consumer Issues
Topic: what is your weekly workout routine?
Replies: 112
Views: 12084

Re: what is your weekly workout routine?

31yo Routine 7 days a week: 30-60 minutes of cardio (treadmill or peloton) Weight resistance: biceps , shoulders , chest , triceps, lower body , back. Switch things up each day. Diet: carbs and sugars are the enemy. Typically eat white chicken and veggies , non fat zero sugar Greek yogurt. Will chea...
by sjl333
Sat Jul 18, 2020 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring from a career in tech
Replies: 104
Views: 10858

Re: Retiring from a career in tech

I agree it is illegal and should be banned - but like i said - A LOT of companies exploit the h1b system to hire cheap labor. The h1b personnel have no choice but to accept the low salary or else they will be deported back to India. That is why they are willing to take a low rate, because $25/hr is...
by sjl333
Sat Jul 18, 2020 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring from a career in tech
Replies: 104
Views: 10858

Re: Retiring from a career in tech

I agree it is illegal and should be banned - but like i said - A LOT of companies exploit the h1b system to hire cheap labor. The h1b personnel have no choice but to accept the low salary or else they will be deported back to India. That is why they are willing to take a low rate, because $25/hr is...
by sjl333
Wed Jul 15, 2020 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody watch new joe Rogan episode with Peter Schiff?
Replies: 51
Views: 6750

Re: Anybody watch new joe Rogan episode with Peter Schiff?

Got through about an hour of it. Longtime Rogan listener and this was one of the more painful episodes I can remember. Essentially a rehash of his (Schiff's) one-string guitar harping on and on about debt and inflation and how if he were president he'd had let everything collapse, how taxation is t...
by sjl333
Wed Jul 15, 2020 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody watch new joe Rogan episode with Peter Schiff?
Replies: 51
Views: 6750

Anybody watch new joe Rogan episode with Peter Schiff?

Just listened to the new JRE podcast with Peter Schiff .

He's major gloom and doom and thinks there will be a big crash in the future due to the government printing money like crazy.

Thoughts ?
by sjl333
Wed Jul 15, 2020 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Retiring from a career in tech
Replies: 104
Views: 10858

Re: Retiring from a career in tech

I own the budget and decide on offers. HR isn't involved in the negotiation at all. They aren't even consulted by hiring managers. And btw, they have 3 other offers even if they are on H1B. I don't have leverage. The HR tools will prevent me from entering an offer below range, but not from going ov...
by sjl333
Wed Jul 15, 2020 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Retiring from a career in tech
Replies: 104
Views: 10858

Re: Retiring from a career in tech

I own the budget and decide on offers. HR isn't involved in the negotiation at all. They aren't even consulted by hiring managers. And btw, they have 3 other offers even if they are on H1B. I don't have leverage. The HR tools will prevent me from entering an offer below range, but not from going ov...
by sjl333
Wed Jul 15, 2020 12:48 am
Forum: Personal Finance (Not Investing)
Topic: Retiring from a career in tech
Replies: 104
Views: 10858

Re: Retiring from a career in tech

They aren't cheaper at all. And actually tend to be more skilled, IME. What is true is that non-managers without access to actual compensation data often think they are paid less when they aren't. The H1B offenders are mostly the consulting shops. Companies hiring FTE directly pretty much never pay...
by sjl333
Tue Jul 14, 2020 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring from a career in tech
Replies: 104
Views: 10858

Re: Retiring from a career in tech

That doesn't reflect reality, in my experience. For example, several companies I've worked for have large engineering offices in China and India. The company would MUCH rather hire locally in those countries than hire H1Bs domestically, because it would be far cheaper to do so. The financial incent...
by sjl333
Sat Jul 11, 2020 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: Hopeless Civil Engineer
Replies: 155
Views: 14465

Re: Hopeless Civil Engineer

Hey OP, Sorry if this is too blunt - and please don't take this the wrong way - but your salary is extremely low for an engineer with 10+ years. I'm not in civil but my buddy is in HR for a civil engineering firm that focuses on structural engineering , people with S.E. licenses and he told me thes...
by sjl333
Sat Jul 11, 2020 11:25 pm
Forum: Personal Finance (Not Investing)
Topic: Hopeless Civil Engineer
Replies: 155
Views: 14465

Re: Hopeless Civil Engineer

Hey OP, Sorry if this is too blunt - and please don't take this the wrong way - but your salary is extremely low for an engineer with 10+ years. I'm not in civil but my buddy is in HR for a civil engineering firm that focuses on structural engineering , people with S.E. licenses and he told me thes...