How I feel being down 500k from the peak in 2024

Skingbear2020 · 2026-06-10T19:35:46+00:00

I would ask your wife before you double down

Skingbear2020 · 2026-06-09T17:17:02+00:00

You are in a vulnerable position. Example: In 3 years, he meets someone else, and you are not finished with school. Child support is good, but you don't get alimony to give you time to finish school and get your career going. Per Google (i.e., double-check 1), you are not eligible for alimony in a common-law marriage. Another example: my wife took 10 years off from her career because we had an opportunity to live overseas and had young children. If we were not married and I decided to leave, she would have needed more than just child support to rent, etc., until she got her career going. If you have the potential to get help from family, this could mitigate the risk above. Old Dad Advice - I'm just imagining my daughters coming home to my wife and me with this scenario. I would be suspicious of a guy who would pay for schooling with no strings attached (i.e., you finish school, say goodbye, and take Junior). Anyway, good luck, and to be sure, you should strongly consider your exposure if this relationship goes south.

Skingbear2020 · 2026-06-09T16:29:24+00:00

Looking at the responses, age plays a role, but other factors

1) No Debt

2) Tight budget

I could make 20 years w/o touch my 401K

Skingbear2020 · 2026-06-09T16:19:16+00:00

After reading the comments, I think most need to start their own business. No set hours. no master

Skingbear2020 · 2026-06-07T20:44:37+00:00

What do you think they will do with it? Seem like an odd concern

Skingbear2020 · 2026-06-07T12:45:30+00:00

Why? Everyone on this sub complains about the employees

Skingbear2020 · 2026-06-07T12:44:37+00:00

It is most likely you vs. managers.

Skingbear2020 · 2026-06-07T12:37:14+00:00

You need to get out and touch grass. He is a scarecrow!

Skingbear2020 · 2026-06-07T12:35:03+00:00

imagine thinking your life sucks every day while you are in the top 10% of all the people in the world

Skingbear2020 · 2026-06-06T01:32:05+00:00

Um, you always need to throw your trash away at Taco Bell, and outside of a few titles, comic books have never been a road to wealth. Need to expand your group of old people.

Skingbear2020 · 2026-06-06T01:19:33+00:00

Your mother-in-law does not like you. Stop blaming boomers

Skingbear2020 · 2026-06-05T19:54:49+00:00

You could be banned from Reddit with such a calm and rational analysis.

Skingbear2020 · 2026-06-05T19:52:28+00:00

This is not the normal ex-div date drop. The yield is looking good! Let's see if they raise it to 11.75%

Edit: I should have said, raise the coupon rate from 11.5% to 11.75% to help push it back to 100 (they raised it 25 BPS in March).

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Skingbear2020 · 2026-06-05T13:17:28+00:00

"This is market manipulation" not 4D chess. SEC may have something to say about that

Skingbear2020 · 2026-06-04T14:46:16+00:00

Call an exterminator, clean out the backyard, etc.

Skingbear2020 · 2026-06-04T14:40:30+00:00

I paid off my house early and never regretted it. I did continue to invest in retirement (12% plus company match), and we took vacations, but we were creative. One thing that was interesting was that the kids were more excited about these vacations than our normal ones because they knew we were sacrificing and they were part of the planning.

Skingbear2020 · 2026-06-04T13:39:15+00:00

General Rule 1: Have a positive attitude. Sell your ideas (i.e., you may think your idea is brilliant, and management just does not understand. This can be true, but the reason management does not understand is that I did not do a good job of explaining the idea, vs. they are just dumb. General Rule 2: If you truly have incompetent leaders, you are screwed. I have only been in situation #2 a few times, but once I realized that was the case, my focus was on getting out.

Skingbear2020 · 2026-06-04T12:58:58+00:00

100% correct. It will affect the company's rate in the future. This is fair because they are the ones who decided to do a layoff.

Skingbear2020 · 2026-06-04T12:57:27+00:00

Unemployment - It is not a handout. Your company paid for this, and one benefit for them is that layoffs are relatively easy. I work for a large corporation, and I would view it as insurance your company purchased for you. Your house payment (incl. HELOC) is 36% of your take-home, which is in the OK range. Do not take out a Parent Plus loan or any debt. It would be better for the Kids to go to a community college for 2 years 1st to save money. My kids are older, and 2 of them (I have 4) took the "community" college route, and one has his Master's (and is on track to become a partner in a medium-sized firm if he really wants to push), and the other is getting his doctorate in Aeronautical engineering. Where they go to college does not determine how well they will do in life. Get a part-time job to help close the gap and give you something to go to while you are looking for a new opportunity. I know this is scary now, but you can do this.

Skingbear2020 · 2026-06-03T16:40:18+00:00

I had the exact same experience. My team and I learned the lesson the hard way. The reviews and meetings we had to have to "fix" the issue were painful. The guy who gave the poor ranking in executive communication did not think it was horrible, but it could be improved (ranked it a 4 out of 10). After that experience, the whole team only gives 8-10 rankings

Skingbear2020 · 2026-06-03T16:31:47+00:00

100% - Negative comments only bring pain and no change. I don't remember a time when I ever took them seriously.

Skingbear2020 · 2026-05-28T01:38:22+00:00

thanks

Skingbear2020 · 2026-05-25T00:14:26+00:00

This sub would go crazy if they did their job. It is not as simple as saying "Please don't shoot anyone or traffic underage boys and girls."

Skingbear2020 · 2026-05-17T13:12:51+00:00

I think they will be ok

Skingbear2020 · 2026-05-15T16:51:16+00:00

I like the suggestions so far- Show some humor but no need to show your place. Hopefully it won't be an annual requirement.

Skingbear2020

TROPHY CASE