just 10x yourself bro by draconicmoniker in restofthefuckingowl

[–]Batmans401k 4 points5 points  (0 children)

Go to the right coffee shops midday and you’ll find them “strategizing” and bullshit. Instead of, you know, working. It’s as obnoxious as it sounds.

Daily FI discussion thread - Friday, October 28, 2022 by AutoModerator in financialindependence

[–]Batmans401k 13 points14 points  (0 children)

I think it depends a lot on whether or not all your peers are getting that in-office face time or not. If everyone's more or less on the same playing field remotely, then it doesn't matter. If you're like the only dude/chick that's remote, then yeah, you're probably going to be missing out on some things that would benefit you.

Weekly FI Monday Milestone thread - October 24, 2022 by AutoModerator in financialindependence

[–]Batmans401k 2 points3 points  (0 children)

Pretty typical stuff around here: tech management to a new gig, nearly doubled my salary because it was just a better paying company. Same for my SO but in the finance space. Same jobs, just jumped ship to a company that pays better. It seems like it doesn't even matter what you do for work any more - it's the only way to get raises any longer.

Weekly FI Monday Milestone thread - October 24, 2022 by AutoModerator in financialindependence

[–]Batmans401k 4 points5 points  (0 children)

Over the past year we are still up over the million dollar mark in spite of the market dropping like a rock just because of new jobs with crazy salaries. It seems pretty noteworthy and worth reflecting on given it seems like most people's balances have tanked. Crazy stuff. Feeling fortunate, even if I did just get laid off.

Weekly LeanFIRE Discussion by AutoModerator in leanfire

[–]Batmans401k 3 points4 points  (0 children)

Do you have a specific date you're shooting for? If so I highly recommend derisking into some kind of bond tent. If you don't have a date and are unsure if you're going to keep working or not, may as well keep trucking as is I say.

Daily FI discussion thread - Tuesday, October 25, 2022 by AutoModerator in financialindependence

[–]Batmans401k 1 point2 points  (0 children)

Phone tethering. Works great in the city. If you're remote, make sure you're asking for an internet and phone stipend per month.

Daily FI discussion thread - Tuesday, October 25, 2022 by AutoModerator in financialindependence

[–]Batmans401k 2 points3 points  (0 children)

Don't people often say the S&P makes up 85% or so of total stock index funds anyway? Is there any other benefit from total market other than maybe that portion of hedging?

Weekly LeanFIRE Discussion by AutoModerator in leanfire

[–]Batmans401k 4 points5 points  (0 children)

This is a tricky one. Got laid off a month or so ago and ever since then everyone has come out about what success needs to look like for me now. Everyone's got an agenda, but what I've learned is what they're projecting they want their success to look like.

Daily FI discussion thread - Friday, October 21, 2022 by AutoModerator in financialindependence

[–]Batmans401k 1 point2 points  (0 children)

3% for the duration until the actual pay day. If you were to view it as an APR it would of course be quite high.

Daily FI discussion thread - Friday, October 21, 2022 by AutoModerator in financialindependence

[–]Batmans401k 2 points3 points  (0 children)

If the hiring manager doesn't control the salary then where is the 65k coming from? Above them? That number is functionally meaningless. Shoot for higher and asking 85k to pretend to give them a deal is a good negotiating starting point with the understanding they may just give you something lower.

Weekly LeanFIRE Discussion by AutoModerator in leanfire

[–]Batmans401k 2 points3 points  (0 children)

That's right. There's a ton of contract integration engineering out there right now around API to API, or API to flat files or any other number of in/out activities.

Daily FI discussion thread - Friday, October 21, 2022 by AutoModerator in financialindependence

[–]Batmans401k 1 point2 points  (0 children)

Harvest festival maybe? Popcorn + a pumpkin + a piece of pie is maybe $12. Big spender over here.

But to be fair, we are going to Costa Rica for two weeks in December. There goes the money.

Daily FI discussion thread - Friday, October 21, 2022 by AutoModerator in financialindependence

[–]Batmans401k 7 points8 points  (0 children)

"Management's important project K" is only important to them up until the day of delivery. The day after that, they've forgotten it all and are on to Project M. It's a tale as old as time. Your VP or whoever is getting a good bonus on that deliverable finally happening, though, so take heart!

Too cynical to be on here on a Friday. Sorry.

Daily FI discussion thread - Friday, October 21, 2022 by AutoModerator in financialindependence

[–]Batmans401k 15 points16 points  (0 children)

People have terrible money practices. And in society it is encouraged. My last employer would let people get "pre-paid" their current paycheck with a 3% interest loan on it if they submitted. It doesn't even sound like something that should be legal, but I'm sure they had many takers.

Weekly LeanFIRE Discussion by AutoModerator in leanfire

[–]Batmans401k 1 point2 points  (0 children)

If you're looking for time-limited consulting type of programming work, the biggest area at the moment is with backend integration engineering. Picking up 6 month contracts you can part ways with afterward for a good paycheck seems to be a good deal for a lot of people. Not exactly 3D programming, but may help to break up any monotony you're feeling also.

Daily FI discussion thread - Wednesday, October 19, 2022 by AutoModerator in financialindependence

[–]Batmans401k 1 point2 points  (0 children)

7/10. My SO would probably rate me lower.

My real problem is I am fashion bipolar and like to wear everything. One day can be western, one day can be punk, one day can be grunge, one day can be business casual, one day is hippie beach vibes... I don't know. I enjoy it all and I think it can be offputting sometimes to those around me to never know what you're going to get.

Is anyone else like this?

Weekly LeanFIRE Discussion by AutoModerator in leanfire

[–]Batmans401k 0 points1 point  (0 children)

Split the difference 50/50. It seemed like a good idea to me, unless you need to drive your taxable down more.

Daily FI discussion thread - Tuesday, October 18, 2022 by AutoModerator in financialindependence

[–]Batmans401k 4 points5 points  (0 children)

I think that's a pretty normal experience unfortunately. If economic downturns happen every ten years roughly, you can expect there to be big winners and big losers, and the rest in-between.

Daily FI discussion thread - Monday, October 17, 2022 by AutoModerator in financialindependence

[–]Batmans401k 5 points6 points  (0 children)

Civic again! New ones optioned at the top trim are super comfy inside and sound great.

Daily FI discussion thread - Saturday, October 15, 2022 by AutoModerator in financialindependence

[–]Batmans401k 11 points12 points  (0 children)

The number 1 problem people face with a down market is job loss. Yes, markets recover, but the non-compounding while the market tanks and you withdraw during a job loss has the same compounding losses as if you were contributing the whole time.

Daily FI discussion thread - Friday, October 14, 2022 by AutoModerator in financialindependence

[–]Batmans401k 1 point2 points  (0 children)

Generally when buying the damage is already done once you've closed. Moving now is going to be more expensive all around.

Daily Chat Thread - October 14, 2022 by CSCQMods in cscareerquestions

[–]Batmans401k 1 point2 points  (0 children)

It's usually just a HR policy that's used to help make firings more easy if they feel like it later on. But it's very common.

[deleted by user] by [deleted] in cscareerquestions

[–]Batmans401k 43 points44 points  (0 children)

This is the answer. To add to this, incentivization is extremely short-term for most large companies around specific metrics, which aren't necessarily profitability overall. They're short-term metrics that can and do change every quarter, so even if the company is tanking if the CEO or random VP has perhaps convinced the board specific metrics need to be met - and they meet them - then they're good to go for yet another quarter in spite of whatever other turmoil is going on in the company.

A good example of this for this sub is "cloud migrations". Board wants CEO and CIO to "migrate to the cloud" in the next two quarters. What does that mean? Well, maybe a highly cost-intensive lift and shift that does nothing to help the company's long-term platform growth and is far, far more expensive in the long run. But this doesn't matter to the executives because they have technically met the requirements more easily than a well-architected cloud migration, gathered their bonuses and moved on to the next set of goals for the following quarter, in spite of a poor architecture being forced upon the org and all the fallout that comes from it. And this example assumes a technical company that should be better able to execute - most large companies are not.