Search found 6711 matches

by KyleAAA
Wed Nov 07, 2018 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Never thought of living in Bay Area but just got a call from Tesla
Replies: 72
Views: 7576

Re: Never thought of living in Bay Area but just got a call from Tesla

But the job isn’t just about the pay NOW. It also will affect FUTURE earning potential most likely. Is it guaranteed? Does everyone who goes to Silicon valley make mega bucks? I am sorry but for someone who owns a house and has a very nice commute, unless they are offering upfront money now (or pro...
by KyleAAA
Wed Nov 07, 2018 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: 1/3 of Baby Boomers have no retirement savings...
Replies: 77
Views: 8280

Re: 1/3 of Baby Boomers have no retirement savings...

How many of them have pensions or taxable accounts? These studies don't take a holistic view of the population's personal finances, so I'm not sure we can draw any conclusions from them. It seems unlikely 1/3 of boomers will be eating cat food in retirement, though.
by KyleAAA
Wed Nov 07, 2018 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Never thought of living in Bay Area but just got a call from Tesla
Replies: 72
Views: 7576

Re: Never thought of living in Bay Area but just got a call from Tesla

I wouldn't think you'd be playing the stock option lottery with Tesla since pretty much everybody does RSUs these days. From what I hear, Tesla lets you choose. Plus, it is already public so that stock will almost certainly be worth something at vest absent bankruptcy. As somebody who moved from a L...
by KyleAAA
Mon Nov 05, 2018 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Are we in trouble?
Replies: 106
Views: 12881

Re: Are we in trouble?

I never understand when someone is moving to a new state...why on earth they do not rent for a year? Why wouldnt you want to familiarize yourself with some areas first. I think thats one of the main reasons why people are always so stressed when it comes to things like this. They feel like they're ...
by KyleAAA
Fri Nov 02, 2018 6:28 pm
Forum: Personal Consumer Issues
Topic: Best neighborhoods in Atlanta
Replies: 46
Views: 3752

Re: Best neighborhoods in Atlanta

ive lived in atlanta and currently live in not-atlanta, georgia. ive been surprised at how much everyone from not-atlanta HATES atlanta. are other states this way? it is astounding to me how much Georgians despise the single major city in their state... i went to college in atlanta and loved it the...
by KyleAAA
Fri Nov 02, 2018 12:13 pm
Forum: Investing - Theory, News & General
Topic: Apple's share plummeting: should we 'kick out the largest stock' as Rob Arnott suggests?
Replies: 40
Views: 2103

Re: Apple's share plummeting: should we 'kick out the largest stock' as Rob Arnott suggests?

I don't really see justification for thinking the largest stock is going to go down reliably enough for this strategy to pay off. Apple is still growing decently and is insanely profitable. It might go down over the next 5 years, but I wouldn't bet on it.
by KyleAAA
Fri Nov 02, 2018 11:49 am
Forum: Personal Consumer Issues
Topic: Best neighborhoods in Atlanta
Replies: 46
Views: 3752

Re: Best neighborhoods in Atlanta

Drive 100 miles from downtown in any direction and start looking there. I can't even stand driving through Atlanta. ive lived in atlanta and currently live in not-atlanta, georgia. ive been surprised at how much everyone from not-atlanta HATES atlanta. are other states this way? it is astounding to...
by KyleAAA
Thu Nov 01, 2018 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: IT Career Advancement-What path?
Replies: 37
Views: 2766

Re: IT Career Advancement-What path?

Second technical sales or pre-sales if you have the temperament for us. Can be lucrative and satisfying. Some love it, some hate it. Are you in technical sales now? Did you have more of sales or tech background? I am not, but I have a lot of friends who are. I'm in engineering management with a tec...
by KyleAAA
Wed Oct 31, 2018 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Tax refunds expected to be 26% more in 2019
Replies: 52
Views: 5740

Re: Tax refunds expected to be 26% more in 2019

I'm one of those who has over-withheld just do to circumstances this year. Uncle Sam has done fine by me so I suppose I'll give him a cheap loan just this once.
by KyleAAA
Wed Oct 31, 2018 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: IT Career Advancement-What path?
Replies: 37
Views: 2766

Re: IT Career Advancement-What path?

Second technical sales or pre-sales if you have the temperament for us. Can be lucrative and satisfying. Some love it, some hate it.
by KyleAAA
Tue Oct 30, 2018 5:04 pm
Forum: Personal Consumer Issues
Topic: Treasure Island or Bally's in Las Vegas
Replies: 32
Views: 2295

Re: Treasure Island or Bally's in Las Vegas

I like TI. You can find $10 tables there fairly easily even at night, which is becoming a rarity on the strip . I think they discontinued the pirate show, which would have been fun for the kids, but is right next to The Mirage which has the volcano show. Whoa. $10 tables are now a rarity? How in th...
by KyleAAA
Mon Oct 29, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: IT Career Advancement-What path?
Replies: 37
Views: 2766

Re: IT Career Advancement-What path?

Avoid Web front end stuff and trendy stuff. UI stuff never pays. There's a million people out there doing front end work beating each other up hoping to bill $75/hour. Do you really want to attend a meeting to discuss font size or the thickness of some border on a web page? Just shoot me. I don't k...
by KyleAAA
Mon Oct 29, 2018 12:00 pm
Forum: Personal Consumer Issues
Topic: Treasure Island or Bally's in Las Vegas
Replies: 32
Views: 2295

Re: Treasure Island or Bally's in Las Vegas

I like TI. You can find $10 tables there fairly easily even at night, which is becoming a rarity on the strip. I think they discontinued the pirate show, which would have been fun for the kids, but is right next to The Mirage which has the volcano show.
by KyleAAA
Thu Oct 25, 2018 3:18 pm
Forum: Investing - Theory, News & General
Topic: What's Your Fixed Income Strategy?
Replies: 89
Views: 8758

Re: What's Your Fixed Income Strategy?

Half in the intermediate-term bond index fund, half in the Inflation Protected Securities fund. When I retire I might add a small allocation (maybe 5% of my portfolio) to short-term bond index. Or I may not.
by KyleAAA
Wed Oct 24, 2018 10:27 pm
Forum: Personal Consumer Issues
Topic: Georgia Tech Online Masters Programs
Replies: 6
Views: 1249

Re: Georgia Tech Online Masters Programs

A few of my former employees have done the OMSCS program and I did my undergrad there. Georgia Tech is a top tier engineering school and from my vantage point they have kept the quality very high with the online program. Industry takes it seriously.
by KyleAAA
Wed Oct 24, 2018 12:40 pm
Forum: Personal Consumer Issues
Topic: Sweetner for Tea
Replies: 25
Views: 1284

Re: Sweetner for Tea

sugar
by KyleAAA
Tue Oct 23, 2018 11:21 am
Forum: Investing - Theory, News & General
Topic: Six stocks make up 98% of S&P 500 gains in 2018
Replies: 100
Views: 15884

Re: Six stocks make up 98% of S&P 500 gains in 2018

linenfort wrote:
Wed Jul 11, 2018 4:38 pm
Never mind that. What are the six for 2019? ______________________
Probably the same stocks. Buy MANGAF!
by KyleAAA
Mon Oct 22, 2018 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Should I own my home through an LLC?
Replies: 20
Views: 2851

Re: Should I own my home through an LLC?

IANAL but I don’t see what benefit this could possibly bring. Holding a personal asset in an LLC is a pretty transparent attempt to shirk personal responsibility and I think a judge would see it as such. Umbrella coverage is cheap.
by KyleAAA
Mon Oct 22, 2018 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: Timing the market - Some say it’s possible?
Replies: 44
Views: 2798

Re: Timing the market - Some say it’s possible?

I believe it's possible, but so difficult none of us will be able to do it consistently. Winning the lottery is also possible, but I wouldn't recommend the lottery as a sound investment strategy.
by KyleAAA
Sat Oct 20, 2018 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: Travelers Checks
Replies: 36
Views: 2343

Re: Travelers Checks

I think if someplace in rural America doesn’t take credit card, it’s even less likely they’ll take travelers checks.
by KyleAAA
Sat Oct 20, 2018 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Give 1 Week Notice: Can Employer Retaliate by Not Paying Vacation?
Replies: 53
Views: 5090

Re: Give 1 Week Notice: Can Employer Retaliate by Not Paying Vacation?

There is a lot of misinformation in this thread. PTO is different than vacation. Vacation is paid out while PTO is not. There may be slight differences depending on locality but this is how is works in most locales. Your experience is not universal. Many employers don't have separate allocations to...
by KyleAAA
Sat Oct 20, 2018 11:55 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 658
Views: 83499

Re: How much money do you want to retire?

Subject to change, but $5mm and a paid off mortgage is the current goal.
by KyleAAA
Fri Oct 19, 2018 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Give 1 Week Notice: Can Employer Retaliate by Not Paying Vacation?
Replies: 53
Views: 5090

Re: Give 1 Week Notice: Can Employer Retaliate by Not Paying Vacation?

In reality, I think if they pay out PTO for some people but not others, they open themselves up to a lot of liability. So even if technically legal, I doubt the vast majority of companies would do something like that.
by KyleAAA
Fri Oct 19, 2018 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Should we downgrade our house?
Replies: 43
Views: 3976

Re: Should we downgrade our house?

Not nearly enough information. Do you have kids? If so how many? If so are they in need of childcare? If not are they in private or public school? How long do you expect to stay in this location? How will the commute change from the different price points? How about safety? How about green space? Y...
by KyleAAA
Fri Oct 19, 2018 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Should we downgrade our house?
Replies: 43
Views: 3976

Re: Should we downgrade our house?

I wouldn't sacrifice quality of life for a little extra savings, no. The QOL inside Atlanta is MUCH higher than in the suburbs if you can afford it. Sounds like you can. Agree the obsession with school district isn't supported by the data. And houses in good school districts on the north side won't ...
by KyleAAA
Thu Oct 18, 2018 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: Approach to rescinding a job acceptance
Replies: 50
Views: 4115

Re: Approach to rescinding a job acceptance

This kind of thing happens. Be gracious and you’re unlikely to burn a bridge.
by KyleAAA
Thu Oct 18, 2018 7:32 pm
Forum: Investing - Help with Personal Investments
Topic: Moving to company that allows Mega Backdoor Roth Conversion - Any prep needed?
Replies: 26
Views: 2094

Re: Moving to company that allows Mega Backdoor Roth Conversion - Any prep needed?

My 401k provider is through Fidelity and I don't need to do anything at all. I don't even need an IRA. I make after-tax contributions to my 401k and Fidelity will automatically convert the entire after-tax balance to Roth quarterly. I pay taxes on the earnings converted, but since it's done quarterl...
by KyleAAA
Sat Oct 13, 2018 9:20 pm
Forum: Investing - Theory, News & General
Topic: Is EMH a tautology?
Replies: 108
Views: 4946

Re: Is EMH a tautology?

Is it true that it will ALWAYS be possible to blame the pricing model? That sounds like an assertion that needs justification. We may yet refine the EMH and figure out how to test it effectively.
by KyleAAA
Sat Oct 13, 2018 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Home Depot Stock
Replies: 16
Views: 1793

Re: Home Depot Stock

I think HD's prospects are quite good, but I wouldn't hold more than 5% or so of my portfolio in any one stock regardless. It's interesting to note it has returned about 24% per year since going public in 1986, which is incredible.
by KyleAAA
Thu Oct 11, 2018 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 467
Views: 45408

Re: Lucrative careers?

What if OP doesn't want to live in the Bay Area? HCOL and these are typically burnout types of jobs. It is a very specific segment. BTW...FB has 25k employees, Google has 85k, Apple 123k (includes retail), etc. These companies have big market caps but the number of employees is small compared to Wa...
by KyleAAA
Thu Oct 11, 2018 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 467
Views: 45408

Re: Lucrative careers?

Your second point is inferring that OP will be much above average in this prospective job. This whole topic has gotten way too much into the weeds. Looking at the very top salaries is not what I would do when giving someone looking for a career. I wouldn't say become an actor....some make $50 milli...
by KyleAAA
Thu Oct 11, 2018 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 467
Views: 45408

Re: Lucrative careers?

Some of these things are not "careers". That is like saying I am going to play basketball for the Chicago Bulls and be a starter. Saying you are going to get a degree in X and go work for Google as Y is not far behind saying you are going to have a career as an actor or sports figure. You cannot ta...
by KyleAAA
Thu Oct 11, 2018 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 467
Views: 45408

Re: Lucrative careers?

Most software developers don't get equity. Which isn't at all relevant. Enough do that to ignore it significantly underestimates the median. But even if I grant you that, which I don't, my second point still stands. Your second point is inferring that OP will be much above average in this prospecti...
by KyleAAA
Thu Oct 11, 2018 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 467
Views: 45408

Re: Lucrative careers?

I still have no idea where you get this idea that these numbers are common. Just because a bunch of anonymouse uses on Blind say it doesn make it true. The BLS statistical data is out there and easy to find.... I get it from industry compensation data surveys (think something like Culpepper, but mo...
by KyleAAA
Thu Oct 11, 2018 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 467
Views: 45408

Re: Lucrative careers?

I've worked in tech for 25 years. I suggest looking at the MEDIAN salaries for a particular job role. There is no doubt good paying jobs in tech, but you need to be realistic. I, too, have worked in tech for a long time. Two problems with that: 1.) The median never captures equity, which is a large...
by KyleAAA
Thu Oct 11, 2018 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 467
Views: 45408

Re: Lucrative careers?

I've worked in tech for 25 years. I suggest looking at the MEDIAN salaries for a particular job role. There is no doubt good paying jobs in tech, but you need to be realistic. I, too, have worked in tech for a long time. Two problems with that: 1.) The median never captures equity, which is a large...
by KyleAAA
Thu Oct 11, 2018 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 467
Views: 45408

Re: Lucrative careers?

I've worked in tech for 25 years. I suggest looking at the MEDIAN salaries for a particular job role. There is no doubt good paying jobs in tech, but you need to be realistic. I, too, have worked in tech for a long time. Two problems with that: 1.) The median never captures equity, which is a large...
by KyleAAA
Thu Oct 11, 2018 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 467
Views: 45408

Re: Lucrative careers?

Well, I am probably repeating myself, but a company is not a career. An industry is not a career. The COL is very high. Not adjusting for the very high COL is not comparing apples to apples. The link is to THE highest paid company in Silicon Valley. Again, there are a lot of anecdotes. Thinking you...
by KyleAAA
Thu Oct 11, 2018 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 467
Views: 45408

Re: Lucrative careers?

Markets are efficient. $200k sounds good if you can live in an RV or stay in a converted closet wither young people who have similar stars in their eyes. For everyone else, $200k still isn't enough. Hahaha stock markets are efficient. Most markets absolutely are NOT efficient, least of all the labo...
by KyleAAA
Mon Oct 08, 2018 11:53 pm
Forum: Investing - Help with Personal Investments
Topic: Evaluate net worth - FIRE really that close?
Replies: 56
Views: 7828

Re: Evaluate net worth - FIRE really that close?

$3mm in 5 years seems unlikely unless you can either cut your expenses significantly or boost your income. If you could save $200k per year, it suddenly becomes very realistic. I think 7 or 8 years is doable with your numbers.
by KyleAAA
Mon Oct 08, 2018 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Income (US vs Europe)
Replies: 55
Views: 3846

Re: Income (US vs Europe)

The data I have gathered thus far leads me to believe that a programmer in St Louis is still making more than a programmer in [insert second-tier EU city here], and probably even more than a programmer in London or Paris. At a former employer we had several teams in Europe (including Paris and Lond...
by KyleAAA
Mon Oct 08, 2018 11:32 am
Forum: Investing - Theory, News & General
Topic: Market decline in 2019 ?
Replies: 73
Views: 6712

Re: Market decline in 2019 ?

Most people believe we're in a bubble? I think very few people believe that. I would buy that most people believe valuations are on the high end, but "bubble" is a loaded term and I just don't see it. And yeah, the market will drop 20-50% at some point. But since nobody knows when that will be, it's...
by KyleAAA
Sun Oct 07, 2018 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Income (US vs Europe)
Replies: 55
Views: 3846

Re: Income (US vs Europe)

Yes. America is better. We have more money, social mobility, way less taxes, and the American dream. It’s why my family left Europe to come to America. Also unemployment is at its lowest. Nope. https://www.economist.com/graphic-detail/2018/02/14/americans-overestimate-social-mobility-in-their-country
by KyleAAA
Sun Oct 07, 2018 1:48 pm
Forum: Investing - Theory, News & General
Topic: 40-60% drawdown in bonds
Replies: 42
Views: 3890

Re: 40-60% drawdown in bonds

Yes, but what matters is how an asset works in the context of a portfolio, not how it works in isolation. Nobody is advocating a 100% bond allocation. In the context of a portfolio including a significant allocation to equities (say, 40%+ but preferably 60%+) they have provided valuable ballast wit...
by KyleAAA
Sun Oct 07, 2018 1:43 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 106851

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Lauretta wrote:
Sun Oct 07, 2018 1:42 pm
watchnerd wrote:
Sun Oct 07, 2018 1:08 pm


Even automobiles and appliances have IoT built in now.
What is IoT? I googled it and found 'Internet of things'; is that what you meant?
Yes. This is the future: https://azure.microsoft.com/en-us/overv ... -of-cloud/
by KyleAAA
Sun Oct 07, 2018 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Income (US vs Europe)
Replies: 55
Views: 3846

Re: Income (US vs Europe)

For software engineers yes, salaries are MUCH higher in the US other than European outposts of companies like Google or FB. In the US, you can easily make $200k without having to work for a few top companies whereas in Europe, you likely can't. I can't comment on other professions, but I would assum...
by KyleAAA
Sun Oct 07, 2018 1:29 pm
Forum: Investing - Theory, News & General
Topic: 40-60% drawdown in bonds
Replies: 42
Views: 3890

Re: 40-60% drawdown in bonds

Yes, but what matters is how an asset works in the context of a portfolio, not how it works in isolation. Nobody is advocating a 100% bond allocation. In the context of a portfolio including a significant allocation to equities (say, 40%+ but preferably 60%+) they have provided valuable ballast with...
by KyleAAA
Thu Oct 04, 2018 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to Invest 10 Million Portfolio at 40 without income
Replies: 56
Views: 8915

Re: Best way to Invest 10 Million Portfolio at 40 without income

Smart move. Can't say my risk adjusted returns have been any better with RE than with other asset classes. "Risk-adjusted" returns is an extremely nebulous term. One person's low risk-adjusted returns are another person's high risk-adjusted returns. It's subjective. For instance, if I have a 0% or ...
by KyleAAA
Thu Oct 04, 2018 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to Invest 10 Million Portfolio at 40 without income
Replies: 56
Views: 8915

Re: Best way to Invest 10 Million Portfolio at 40 without income

As long as it's not real estate, then Kyle approves :wink: I own quite a bit of real estate. Smart move. Can't say my risk adjusted returns have been any better with RE than with other asset classes. "Risk-adjusted" returns is an extremely nebulous term. One person's low risk-adjusted returns are a...