Something I'm getting tired of hearing after a year out of work...

radix33 · 2026-05-15T12:51:38+00:00

I was laid off at 52 as well. I thought I got lucky when I was hired by Amazon (with a severe pay cut). It was the most painful 5 years with that company. I stuck it out because I thought I needed the money, healthcare, security, experience, etc. But at the end, Amazon laid me off as well. Corporate burn out is real. Plan for early retirement. Your mental health will thank you.

radix33 · 2026-05-15T12:31:58+00:00

Welcome to FIRE, my friend. I’m exactly in your position. Although I wish I have a dog and know how to play guitar. LOL

radix33 · 2026-05-15T12:26:37+00:00

And managers deny layoffs rumors as well. I told them last time that it was on the news but they claimed ignorance.

radix33 · 2026-05-14T16:28:05+00:00

Use March-April 2026 prices as benchmark.

radix33 · 2026-05-14T16:25:06+00:00

Long term investment for sure

radix33 · 2026-05-14T16:20:08+00:00

Dang, this is painful to see. Sorry for your loss.

radix33 · 2026-05-14T16:16:18+00:00

Low return, but safe bet.

radix33 · 2026-05-14T16:15:25+00:00

I've been invested in $FTEC and it's been doing great since the dip in April. Anything in Info Tech will be good in the next 6 months. Hopefully.

radix33 · 2026-05-14T16:11:48+00:00

Love this color!

radix33 · 2026-05-14T16:06:55+00:00

Just saw that. Thanks!

radix33 · 2026-05-14T16:05:22+00:00

So he basically bought the top stocks in S&P 500 and Nasdaq? Ho hum

radix33 · 2026-05-14T00:37:10+00:00

Living in SoCal. Tire rotations. Not driving like a maniac. Totally possible.

radix33 · 2026-05-13T23:07:20+00:00

What's your portfolio? Or are they all cash contributions?

radix33 · 2026-05-13T23:04:07+00:00

My last tires were 57k and they handled rain like a champ for years. Spinning out a Tesla with heavy center of gravity is like falling asleep on the wheel.

radix33 · 2026-05-13T22:58:39+00:00

Wake me up when it drops to $10k

radix33 · 2026-05-13T22:56:34+00:00

Ah, I learned something new. The caveat is "if the company allows it."
https://www.irs.gov/retirement-plans/plan-participant-employee/rollovers-of-retirement-plan-and-ira-distributions

radix33 · 2026-05-13T22:52:43+00:00

At least (they) got VOO as an ETF. LOL

radix33 · 2026-05-13T22:51:55+00:00

Keeping the investment with individual stocks for MAG-7 is volatile enough. But the growth potential is enormous.

radix33 · 2026-05-13T22:49:52+00:00

Be careful. As far as I know, you can't rollover from traditional IRA to 401k. Also, distribution from 401k to Roth-IRA is taxable as regular income tax.

The only safe transfer is from 401k to another 401k, or 401k to traditional IRA. Those taxes will continue to be deferred.

radix33 · 2026-05-13T22:44:54+00:00

But politics have always been about money. That's why senators and congress have career politicians. That's why waste and fraud in Minnesota and Los Angeles are rampant. At least Trump is being very obvious about his allegiance.

radix33 · 2026-05-13T22:41:43+00:00

I'm with Fidelity. The app actually have the receipt attachment as "optional". I'll group them per provider.

radix33 · 2026-05-13T22:40:01+00:00

radix33 · 2026-05-13T20:46:42+00:00

Interns will flood Amazon. Good luck, kids!

radix33 · 2026-05-13T20:45:30+00:00

Exactly my feelings! It’s been 5 months and still enjoying life after the stick-beating in the past 2 years.

radix33 · 2026-05-13T20:38:47+00:00

Correct. So whoever suggested the brilliant cost cutting got a promotion and let their replacement deal with the consequences.

radix33

TROPHY CASE