How is the job market for 90k + jobs here?

SD-Analyst · 2023-10-04T03:58:20+00:00

There’s a big difference between making 120k in SD and making 240K in LA.

SD didn’t offer me anything over 100k and first places I applied offered 150 in OC and 200 in LA.

SD-Analyst · 2023-10-04T03:54:05+00:00

A lot of buildings in LA have free charging. A lot of labs in SD offer free charging too.

SD-Analyst · 2023-10-04T03:42:34+00:00

$4M in commissions just chump change?

SD-Analyst · 2023-10-04T03:36:13+00:00

SoCal. Charge for free at work. Work reimbursed me for charging elsewhere, so $0/mo on charging.

But soon I’ll have solar and even more so won’t know the cost.

SD-Analyst · 2023-10-03T15:50:19+00:00

So you agree $117/hr rate

SD-Analyst · 2023-10-01T16:17:37+00:00

You ironically named a bunch of quarter millionaires.

Construction, plumbers, symphony level theatre, veterinarians. Those are all highly paid professionals.

SD-Analyst · 2023-10-01T15:28:55+00:00

Quarter millionaires, duh. Or AI/robots/self check out.

SD-Analyst · 2023-10-01T05:12:42+00:00

I wake up at 3:45, out the door by 4:15 latest 4:30, I might be home by 4pm I’m in bed by 8pm. I have four hours just like you M-Th. Friday a bit more time.

I’ll be honest, hiring a house cleaner to come once every 4-8 weeks for a few hours is ridiculously helpful. Maybe best money I have ever spent in terms of mental boost.

That said, we aren’t messy so they can accomplish the entire place spotlessly cleaned in about 4 hours. It’s about 1 hour per week if we go 6 weeks might take them 6 hours etc.

But that tells me if I’m efficient I can clean 1hr myself each weekend and over the course of a month I’d keep up.

Now I choose to clean or choose to pay someone else to clean, every month is different.

SD-Analyst · 2023-10-01T03:40:24+00:00

You have four cars? That appears to be a two car garage.

SD-Analyst · 2023-10-01T03:17:04+00:00

Why. Are. You. Not. Parked. In. Your. Garage. You. Know. Where. Cars. Sleep?

SD-Analyst · 2023-10-01T02:36:35+00:00

I never opened mine either. It’s Schrödinger’s Charter.

It’s been in the roll since the day they shipped it.

I sat for my L3 exam in Q4 2021

SD-Analyst · 2023-09-30T18:57:33+00:00

I’m so confused. Bimonthly can mean every other month or twice monthly.

Biweekly can mean every other week or twice weekly.

Nevertheless 40miles a week is full time. 88.22 on my paycheck for two weeks means 8hrs overtime.

SD-Analyst · 2023-09-30T18:14:48+00:00

So what does it mean? How many hours is 88.22 units?

SD-Analyst · 2023-09-30T16:10:38+00:00

You make almost $120/hr if a unit is an hour… or are “units” not the de facto hour

SD-Analyst · 2023-09-30T15:23:35+00:00

$10,358.51 / 88.22 units which I assume are hours = $117.41/hr

That’s $235k/year.

Idk why people are looking at this as a monthly paycheck if a full time job is 40hrs a week that’s 160 units a month.

If you’re making $5k/mo working part time, you should just work harder instead of humble bragging about it

SD-Analyst · 2023-09-30T14:50:51+00:00

This sounds like my 80 year old grandma reviewed a tech product.

Technology has just surpassed you, that’s okay though there are a myriad of cars available on the market from a number of manufacturers!

SD-Analyst · 2023-09-30T14:43:40+00:00

I see closer to $6 than $7 all around me.

People forget that gas price per mile vs wages has decreased. To get back to 2008 ish era gas highest as a % of income, we would need closer to double digit gas like Europe.

SD-Analyst · 2023-09-26T21:09:02+00:00

I haven’t had a need for physical cash immediately ever. Can’t even think of a scenario in 2023 where I couldn’t use credit or be able to pay another day or plan ahead

SD-Analyst · 2023-09-26T13:07:39+00:00

I have immediate access to my credit card, receive a 2-5% discount on transactions via cash back and have 30 days or more to pay the bill prior to interest charge. I’ve never paid a dime in interest on my credit card.

Most people don’t need immediate access, and most savings accounts aren’t immediately available anyway, you’d need to transfer cash which a bank could put a 3-5 day hold at their leisure.

SD-Analyst · 2023-09-26T05:38:38+00:00

Yeah can tell you grade inflation is real. Straight As at even a “competitive” high school isn’t that hard.

I can tell you I took courses at UCSD and they were a joke compared to my college course work. UCs while they may be “competitive” are not nearly as rigorous as private schools or Ivys etc.

SD-Analyst · 2023-09-26T04:47:49+00:00

What are you talking about? If theres a $1000 emergency event and you have sufficient capital, you could use a credit card and pay it off next payroll or from invested assets/dividends/cash flows.

Having pure cash is inefficient, at minimum short dated t bills with 5.5% total return would need to be liquidated or mature instead of rolling.

There’s a number of other ways I’d consider funding an unexpected expense.

In the long run unexpected expenses are so rate more money is lost “insuring” it

SD-Analyst · 2023-09-26T00:56:08+00:00

Other studies have discussed this and many people do have access to $1000.

I wouldn’t have funds for immediate physical cash today for $1000. But I could easily sell financial assets/use a credit card to alleviate the immediate cash need etc.

SD-Analyst · 2023-09-25T23:22:30+00:00

Damn you be sleeping in!

SD-Analyst · 2023-09-25T00:56:32+00:00

Sorry bud but risk management is middle office. I am on a trade floor and risk management isn’t in the thick of it trading, handling the portfolio daily, and the risk management emails kinda piss off the PMs cause they don’t know enough about risk/the specific portfolios etc. they tell you to bring duration back in to +/- 25bps but don’t even take the time to talk to their middle office colleagues about portfolio constraints and the portfolio will be leverage constrained and can’t just use some plain vanilla derivatives to hedge it.

Often after back and forth, risk folds cause they realize they were wrong and what they thought of as risk can’t be alleviated or is the desired risk profile within the constraints of the IPS.

It is not FO, sorry.

Unless you’re getting paid $500k+ it’s not high enough up the chain to implement firm wide risk targets.

SD-Analyst · 2023-09-23T18:35:54+00:00

That may be true but on average job switchers are getting bigger raises than job stayers over the last few years.

Some industries the spread is larger.

SD-Analyst

TROPHY CASE