Search found 379 matches

by RJC
Thu Aug 22, 2019 7:21 am
Forum: Personal Finance (Not Investing)
Topic: White collars- How much is your work downtime?
Replies: 203
Views: 17863

Re: White collars- How much is your work downtime?

fauxden wrote:
Wed Aug 21, 2019 9:17 pm
I run all day/everyday. Never any downtime. Need a new career. Pharmacist.
No need for a new career. Get out of retail/hospital and get behind a desk (industry/fed). You'll have more "downtime".
by RJC
Wed Aug 21, 2019 7:33 pm
Forum: Personal Investments
Topic: When Did You Ease Up On Saving Aggressively?
Replies: 170
Views: 13968

Re: When Did You Ease Up On Saving Aggressively?

I'm happy but my wife would like to ease up hence my original question. Just need to find that balance I suppose. :beer Maybe loosen up a little. Worst financial decision you can make is to give half your money to lawyers and split the rest. How much longer do you intend to work? If a 0% return ove...
by RJC
Wed Aug 21, 2019 10:52 am
Forum: Personal Investments
Topic: When Did You Ease Up On Saving Aggressively?
Replies: 170
Views: 13968

Re: When Did You Ease Up On Saving Aggressively?

Dear Friends, At what point do you let up on the aggressive savings gas pedal? When you are close to your number? After reaching? Never? Financial calculators suggest that we may reach our number (~25x expenses) in 2-3 years depending on the market. We LBYM (save ~45%), however, my spouse thinks we...
by RJC
Wed Aug 21, 2019 10:51 am
Forum: Personal Investments
Topic: When Did You Ease Up On Saving Aggressively?
Replies: 170
Views: 13968

Re: When Did You Ease Up On Saving Aggressively?

Good catch. I did not consider the whole picture when I previously posted "at least 3k a month". That was extra money each month that we were purposely saving that did not include 401ks, bonuses, RSUs, etc. When I put everything together, the savings rate was much more. So your income varies betwee...
by RJC
Wed Aug 21, 2019 10:37 am
Forum: Personal Investments
Topic: When Did You Ease Up On Saving Aggressively?
Replies: 170
Views: 13968

Re: When Did You Ease Up On Saving Aggressively?

"45% of income. It's aggressive but I feel like it's manageable. Spouse, on the other hand, thinks we could live it up a bit more." Are you saying 45% of gross income? Is this a very recent change" Your past posts indicate much different data. Good catch. I did not consider the whole picture when I...
by RJC
Wed Aug 21, 2019 10:32 am
Forum: Personal Investments
Topic: When Did You Ease Up On Saving Aggressively?
Replies: 170
Views: 13968

Re: When Did You Ease Up On Saving Aggressively?

I think the priority should be keeping the spouse happy. That means you both have to be happy. IMO discussions with spouse should not be battles. They should be discussions about how to keep both of you happy. If they become battles, you risk loosing your spouse - then your combined expenses go up,...
by RJC
Wed Aug 21, 2019 9:56 am
Forum: Personal Investments
Topic: When Did You Ease Up On Saving Aggressively?
Replies: 170
Views: 13968

Re: When Did You Ease Up On Saving Aggressively?

Financial calculators suggest that we may reach our number (~25x expenses) in 2-3 years depending on the market. We LBYM (save ~45%), however, my spouse thinks we could let up a bit since we are close to our goals. I think I am more conservative and more conscientious of potential black swan events...
by RJC
Tue Aug 20, 2019 7:14 pm
Forum: Personal Investments
Topic: When Did You Ease Up On Saving Aggressively?
Replies: 170
Views: 13968

Re: When Did You Ease Up On Saving Aggressively?

Financial calculators suggest that we may reach our number (~25x expenses) in 2-3 years depending on the market. We LBYM (save ~45%), however, my spouse thinks we could let up a bit since we are close to our goals. I think I am more conservative and more conscientious of potential black swan events...
by RJC
Tue Aug 20, 2019 7:12 pm
Forum: Personal Consumer Issues
Topic: Do you buy new or used cars?
Replies: 183
Views: 20165

Re: Do you buy new or used cars?

core4portfolio wrote:
Tue Aug 20, 2019 12:04 pm
RJC wrote:
Tue Aug 20, 2019 12:00 pm
Don't ever buy new. Once you do, it's hard to go back to used.
i bought new on a great deal but thinking i should buy used.
Its very difficult to maintain without stratch, dents and dings.
That first scratch hurts the most. :oops:
by RJC
Tue Aug 20, 2019 12:00 pm
Forum: Personal Consumer Issues
Topic: Do you buy new or used cars?
Replies: 183
Views: 20165

Re: Do you buy new or used cars?

Don't ever buy new. Once you do, it's hard to go back to used.
by RJC
Tue Aug 20, 2019 7:29 am
Forum: Personal Investments
Topic: When Did You Ease Up On Saving Aggressively?
Replies: 170
Views: 13968

Re: When Did You Ease Up On Saving Aggressively?

Dear Friends, At what point do you let up on the aggressive savings gas pedal? When you are close to your number? After reaching? Never? Financial calculators suggest that we may reach our number (~25x expenses) in 2-3 years depending on the market. We LBYM (save ~45%), however, my spouse thinks we...
by RJC
Tue Aug 20, 2019 7:13 am
Forum: Personal Consumer Issues
Topic: Pharmacist to Data Analyst Role
Replies: 38
Views: 3289

Re: Pharmacist to Data Analyst Role

Anyone try the free courses at Coursera or MIT? RJC, I had taken this one. It is good. https://www.coursera.org/specializations/jhu-data-science? I have not tried this one. https://www.coursera.org/professional-certificates/ibm-data-science KlangFool I think I may begin with your first suggestion. ...
by RJC
Mon Aug 19, 2019 7:38 pm
Forum: Personal Investments
Topic: When Did You Ease Up On Saving Aggressively?
Replies: 170
Views: 13968

Re: When Did You Ease Up On Saving Aggressively?

Dear Friends, At what point do you let up on the aggressive savings gas pedal? When you are close to your number? After reaching? Never? Financial calculators suggest that we may reach our number (~25x expenses) in 2-3 years depending on the market. We LBYM (save ~45%), however, my spouse thinks we...
by RJC
Mon Aug 19, 2019 7:34 pm
Forum: Personal Consumer Issues
Topic: Pharmacist to Data Analyst Role
Replies: 38
Views: 3289

Re: Pharmacist to Data Analyst Role

What you are describing is, essentially my profession. I am a quantitative data scientist working in pharmacoepidemiology. A pharmacist with training in epidemiology has the potential to contribute in several areas related to drug development. At one extreme is a combined PharmD + PhD in epidemiolo...
by RJC
Mon Aug 19, 2019 7:28 pm
Forum: Personal Investments
Topic: When Did You Ease Up On Saving Aggressively?
Replies: 170
Views: 13968

Re: When Did You Ease Up On Saving Aggressively?

Dear Friends, At what point do you let up on the aggressive savings gas pedal? When you are close to your number? After reaching? Never? Financial calculators suggest that we may reach our number (~25x expenses) in 2-3 years depending on the market. We LBYM (save ~45%), however, my spouse thinks we...
by RJC
Mon Aug 19, 2019 12:44 pm
Forum: Personal Investments
Topic: When Did You Ease Up On Saving Aggressively?
Replies: 170
Views: 13968

Re: When Did You Ease Up On Saving Aggressively?

Dear Friends, At what point do you let up on the aggressive savings gas pedal? When you are close to your number? After reaching? Never? Financial calculators suggest that we may reach our number (~25x expenses) in 2-3 years depending on the market. We LBYM (save ~45%), however, my spouse thinks we...
by RJC
Mon Aug 19, 2019 12:40 pm
Forum: Personal Consumer Issues
Topic: Pharmacist to Data Analyst Role
Replies: 38
Views: 3289

Re: Pharmacist to Data Analyst Role

Anyone try the free courses at Coursera or MIT? RJC, I had taken this one. It is good. https://www.coursera.org/specializations/jhu-data-science? I have not tried this one. https://www.coursera.org/professional-certificates/ibm-data-science KlangFool I think I may begin with your first suggestion. ...
by RJC
Mon Aug 19, 2019 11:55 am
Forum: Personal Investments
Topic: When Did You Ease Up On Saving Aggressively?
Replies: 170
Views: 13968

Re: When Did You Ease Up On Saving Aggressively?

Easing up on savings means you need more savings. Let’s pretend you make $100,000 and are saving $45,000/yr meaning you’re spending $55,000/yr. 25x of $55,000 is $1,375,000. If you decide to cut back your savings to 20% and increase your spending to $80,000/yr 25x is now $2,000,000. Congrats on hav...
by RJC
Mon Aug 19, 2019 11:46 am
Forum: Personal Consumer Issues
Topic: Pharmacist to Data Analyst Role
Replies: 38
Views: 3289

Re: Pharmacist to Data Analyst Role

Perhaps some kind of statistical analysis of drug testing. A longtime acquaintance of mine has education and experience in statistics - and his, fairly well compensated, job is having his own company (he and another similar person) that do various kinds of statistical analysis of prescription drug ...
by RJC
Mon Aug 19, 2019 11:40 am
Forum: Personal Investments
Topic: When Did You Ease Up On Saving Aggressively?
Replies: 170
Views: 13968

When Did You Ease Up On Saving Aggressively?

Dear Friends, At what point do you let up on the aggressive savings gas pedal? When you are close to your number? After reaching? Never? Financial calculators suggest that we may reach our number (~25x expenses) in 2-3 years depending on the market. We LBYM (save ~45%), however, my spouse thinks we ...
by RJC
Mon Aug 19, 2019 11:22 am
Forum: Personal Consumer Issues
Topic: Pharmacist to Data Analyst Role
Replies: 38
Views: 3289

Re: Pharmacist to Data Analyst Role

Spend at least some time carefully studying data visualization. Tufte's The Visual Display of Quantitative Data is essential and might be sufficient, but he has many other useful books. Going all the way back to Tukey's Exploratory Data Analysis and Cleveland's books ( Visualizing Data and The Elem...
by RJC
Mon Aug 19, 2019 7:09 am
Forum: Personal Consumer Issues
Topic: Pharmacist to Data Analyst Role
Replies: 38
Views: 3289

Re: Pharmacist to Data Analyst Role

I have managed and worked with data scientists. It is important to figure out what you want to do first. If you want to do mostly descriptive analytics knowing good sql and basic statistics, and a visualization library of your choice will suffice. Most problems require this level of insight to deci...
by RJC
Sun Aug 18, 2019 2:11 pm
Forum: Personal Consumer Issues
Topic: Pharmacist to Data Analyst Role
Replies: 38
Views: 3289

Re: Pharmacist to Data Analyst Role

Dear Friends, I'm currently a pharmacist in a large gov't agency looking to move towards a data scientist/analyst role. My data experience is somewhat limited to Excel, some basic SQL, relational databases, and Tableau. Where does one begin (formal training or online) to be able to do a better job ...
by RJC
Sat Aug 17, 2019 6:45 am
Forum: Personal Consumer Issues
Topic: Pharmacist to Data Analyst Role
Replies: 38
Views: 3289

Re: Pharmacist to Data Analyst Role

Dear Friends, I'm currently a pharmacist in a large gov't agency looking to move towards a data scientist/analyst role. My data experience is somewhat limited to Excel, some basic SQL, relational databases, and Tableau. Where does one begin (formal training or online) to be able to do a better job ...
by RJC
Sat Aug 17, 2019 6:44 am
Forum: Personal Consumer Issues
Topic: Pharmacist to Data Analyst Role
Replies: 38
Views: 3289

Re: Pharmacist to Data Analyst Role

I have managed and worked with data scientists. It is important to figure out what you want to do first. If you want to do mostly descriptive analytics knowing good sql and basic statistics, and a visualization library of your choice will suffice. Most problems require this level of insight to deci...
by RJC
Fri Aug 16, 2019 6:09 pm
Forum: Personal Consumer Issues
Topic: Pharmacist to Data Analyst Role
Replies: 38
Views: 3289

Re: Pharmacist to Data Analyst Role

I know this area fairly well (I manage a large data science group for a mega corp and have a PhD in a related area). What is it that you are specifically trying to accomplish? Are you trying to really understand the theoretical underpinnings of the field or just hack around to get some quick and di...
by RJC
Fri Aug 16, 2019 3:26 pm
Forum: Personal Consumer Issues
Topic: Pharmacist to Data Analyst Role
Replies: 38
Views: 3289

Re: Pharmacist to Data Analyst Role

An MS in Statistics or related would be ideal. When I was getting my PhD there were several MS students from different fields (Food Science, Psychology, Geology, even Philosophy!) going back to get an MS to change careers. They all have really good jobs now. Any reputable universities near you? I b...
by RJC
Fri Aug 16, 2019 3:23 pm
Forum: Personal Consumer Issues
Topic: Pharmacist to Data Analyst Role
Replies: 38
Views: 3289

Re: Pharmacist to Data Analyst Role

Dear Friends, I'm currently a pharmacist in a large gov't agency looking to move towards a data scientist/analyst role. My data experience is somewhat limited to Excel, some basic SQL, relational databases, and Tableau. Where does one begin (formal training or online) to be able to do a better job ...
by RJC
Fri Aug 16, 2019 7:41 am
Forum: Personal Consumer Issues
Topic: Pharmacist to Data Analyst Role
Replies: 38
Views: 3289

Re: Pharmacist to Data Analyst Role

mrmass wrote:
Thu Aug 15, 2019 6:49 pm
RJC wrote:
Thu Aug 15, 2019 5:45 pm
Anyone try the free courses at Coursera or MIT?
Try EdX They have some great free classes in analytics and much more. Not everything is free but for me enough is.

https://www.edx.org/
I will look into this. Thank you.
by RJC
Fri Aug 16, 2019 7:41 am
Forum: Personal Consumer Issues
Topic: Pharmacist to Data Analyst Role
Replies: 38
Views: 3289

Re: Pharmacist to Data Analyst Role

rxjayhawk wrote:
Thu Aug 15, 2019 6:41 pm
Do you work for the VA
HHS
by RJC
Thu Aug 15, 2019 5:45 pm
Forum: Personal Consumer Issues
Topic: Pharmacist to Data Analyst Role
Replies: 38
Views: 3289

Re: Pharmacist to Data Analyst Role

Anyone try the free courses at Coursera or MIT?
by RJC
Thu Aug 15, 2019 12:48 pm
Forum: Personal Consumer Issues
Topic: Pharmacist to Data Analyst Role
Replies: 38
Views: 3289

Re: Pharmacist to Data Analyst Role

An MS in Statistics or related would be ideal. When I was getting my PhD there were several MS students from different fields (Food Science, Psychology, Geology, even Philosophy!) going back to get an MS to change careers. They all have really good jobs now. Any reputable universities near you? I b...
by RJC
Thu Aug 15, 2019 9:52 am
Forum: Personal Consumer Issues
Topic: Pharmacist to Data Analyst Role
Replies: 38
Views: 3289

Pharmacist to Data Analyst Role

Dear Friends, I'm currently a pharmacist in a large gov't agency looking to move towards a data scientist/analyst role. My data experience is somewhat limited to Excel, some basic SQL, relational databases, and Tableau. Where does one begin (formal training or online) to be able to do a better job a...
by RJC
Mon Aug 12, 2019 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Apple Card
Replies: 119
Views: 11678

Re: Apple Card

Any partnership with Goldman Sachs sounds like a bad idea.
by RJC
Tue Aug 06, 2019 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Oh geeze. How should I pay for this? Walk me off the ledge
Replies: 52
Views: 6574

Re: Oh geeze. How should I pay for this? Walk me off the ledge

How are they not paying for any of it? Isn't this what health insurance is for?
by RJC
Tue Aug 06, 2019 7:49 am
Forum: Personal Finance (Not Investing)
Topic: Financial anxiety and next steps in relationship
Replies: 102
Views: 8012

Re: Financial anxiety and next steps in relationship

You'd have been better off marrying her and then posting on the forum. This thread is proof enough that money doesn't buy happiness. I married into debt and I'd have paid ten times as much to be where we are now, and facing the challenge together was a wonderful exercise in growth. You don't know t...
by RJC
Mon Aug 05, 2019 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Putting my wallet on a diet
Replies: 17
Views: 1914

Re: Putting my wallet on a diet

I switched to a minimal wallet that fits in my front pocket a few years ago. I carry a $20, two credit cards, ATM card, health insurance card, drivers license. It's so much nicer not to carry around some giant monstrosity. Search Amazon for "front pocket wallet" for some examples. Front pocket is w...
by RJC
Mon Aug 05, 2019 12:24 pm
Forum: Personal Consumer Issues
Topic: Daycare does not allow staff to babysit
Replies: 21
Views: 1836

Re: Daycare does not allow staff to babysit

Never heard of this. We use our daycare teacher to babysit when we are out of town.
by RJC
Sun Aug 04, 2019 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Is our spending crazy?
Replies: 111
Views: 7537

Re: Is our spending crazy?

We make around the same as OP but save about 45%. Some months we do have 6-8k in expenses outside of the mortgage and daycare (x2). It's not unheard of especially in HCOL areas. I can sympathize with the OP as my wife likes to spend more and "live it up".
by RJC
Fri Aug 02, 2019 10:26 am
Forum: Personal Consumer Issues
Topic: Extreme Anxiety with Time/Money
Replies: 95
Views: 9167

Re: Extreme Anxiety with Time/Money

Perhaps owning a town house is a happy medium? We enjoy the private areas of a town home but hate dealing with lawn and landscaping. An end-unit town home has been perfect for us.
by RJC
Fri Aug 02, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: A note on spending for kids
Replies: 148
Views: 11766

Re: A note on spending for kids

I think it all depends on how motivated the kid is. Generalize until he/she shows interest and is pushing you to do that activity.
by RJC
Fri Aug 02, 2019 8:39 am
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 578
Views: 53046

Re: Talk me out of buying a Tesla Model 3

Tesla owners, how is the service and quality in 2019? I heard insurance jumps up as well.
by RJC
Fri Aug 02, 2019 8:35 am
Forum: Personal Finance (Not Investing)
Topic: How do you decide what car to buy for your kid
Replies: 91
Views: 4492

Re: How do you decide what car to buy for your kid

Kids should get hand-me downs for sure. But what if you currently drive a luxury car? I don't think I would want my kids driving one as their first car.
by RJC
Thu Aug 01, 2019 11:51 am
Forum: Investing - Theory, News & General
Topic: Are You Rich?
Replies: 31
Views: 3495

Are You Rich?

It says we are doing OK but we definitely do not feel that way. Is this a good marker of relative wealth?

Are You Rich? This Income-Rank Quiz Might Change How You See Yourself

https://www.nytimes.com/interactive/201 ... -rich.html
by RJC
Thu Aug 01, 2019 7:32 am
Forum: Personal Consumer Issues
Topic: Day care vs nanny for child care
Replies: 62
Views: 3738

Re: Day care vs nanny for childcare

A certified Montessori daycare. The environment is calm and the kids do a lot of fun, independent "work" activities (as well as group play). The kids that graduate seem to be far more prepared when they enter kindergarten.
by RJC
Tue Jul 30, 2019 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Wife (teacher) and I are trying for a baby. What are some "must-knows" and other tips?
Replies: 127
Views: 11532

Re: Wife (teacher) and I are trying for a baby. What are some "must-knows" and other tips?

Sign up for the Baby Center emails. Each week you will get an email of what to expect, milestones, tips, etc. Very helpful for in-between doctor visits.

https://www.babycenter.com/
by RJC
Sun Jul 21, 2019 7:28 pm
Forum: Personal Consumer Issues
Topic: C8 Corvette - who is buying?
Replies: 125
Views: 9798

Re: C8 Corvette - who is buying?

Looks like the Acura NSX. For 60k, I would get the Model 3 Performance and save some money.
by RJC
Sun Jul 21, 2019 6:23 am
Forum: Personal Investments
Topic: A little discouraged with earnings, is it really this slow?
Replies: 96
Views: 15767

Re: A little discouraged with earnings, is it really this slow?

It was painfully slow for us as well until we started maxing out our retirement accounts and saved more.
by RJC
Sat Jul 20, 2019 8:38 am
Forum: Personal Consumer Issues
Topic: Apple Watch Worth The $$$?
Replies: 41
Views: 4073

Re: Apple Watch Worth The $$$?

Thank you all for your insight. I may wait till Sept to make a decision since the series 5 is expected to come out. If only minor updates, I can take advantage of the reduced series 4 prices then.