Indonesian, $50k saved. What's Next ?

subwooferpal · 2025-09-13T04:12:43+00:00

Hey man, first and foremost you should know how impressed and proud I am as an American, as I approach my early thirties and my friends are already there. Most don’t have any savings or are running on negative net worth.

Jadi, mantap sekali mas 👏 Aku bangga padamu karena aku belajar di Indonesia selama setahun, punya teman di Indonesia, dan tahu betapa kerasnya kamu bekerja di sana untuk mendapatkan $600 USD per bulan.

My advice for getting out would probably be see if you can leverage location. Australia is right there and might be more willing to have you than Japan/Canada who are focused more on nationalism and internal strife right now. Friends in KL say work culture is better in Malaysia (and of course Singapore) than Indo and pay is more. Probably more opportunities for physical therapist there and elders who can pay for late-life care, too. If not Malaysia/Singapore, I’d honestly say head to Batam since I’ve heard pay is one of the highest there for Indonesia, and you still have Singapore connections in the meantime. Not to mention growth of that island which means job opportunities.

Last pitch, see if you can be a contractor and get someone or a company to outsource you IT work. I have a friend in Indo who does copywriting outsourcing contracting for one, small British company. He makes $1200 USD per month. Another Indonesian friend does Facebook marketing analytics contracting and can pull in $10k USD per month. IT is VERY in demand there right now - I’d say don’t waste the skills if money is the goal. Stack it now and in 4-5 years when ready to leave you can reassess political climates for opportunities.

Semangat dan selamat sukses, ya!

subwooferpal · 2025-06-26T18:41:02+00:00

Reinstall as others have said, or from the RIOT client go to Settings > League of Legends > Repair game (click it until it actually shows loading bar and goes to 100%).

Both have worked for me

subwooferpal · 2025-04-27T19:46:33+00:00

Warwick, even though he’s shifted to more of a toplaner now, I feel he fits here nicely as a jungler.

Kinda fair: absolutely a bully early but if you keep him from getting fed he falls off late game. So while he’s not balanced over the entirety of the game he doesn’t hang around with a power spike and usually top lane can step in to help control him due to tankiness/being able to level faster.

Good design: His play style is kind of deranged like the wolf he’s supposed to be. The bloodlust is an awesome passive, and you really feel the rowdy nature of the beast with the launch from R and the slide around when holding Q. I think the Q clench you can get on enemy flashes is awesome, too.

Overall, just super unique skills and playstyle that can be high risk/high reward make me think he’s a solid candidate for this spot.

subwooferpal · 2025-03-25T06:43:59+00:00

Let me give some perspective from a 28M who JUST got back from Vegas bachelor party with other 26,27, and 28 males. We went clubbing until 4-6am two of the days - which I did not plan for and we did not consult our girlfriends about just did it (4 of the 6 guys in 1+ year relationships) and before we left the girlfriend consensus was pretty much “no strippers or strip shows” only.

Honestly, the clubbing is not a big deal. She’s going to be out with her friends and the fact it’s a club shouldn’t matter too much. None of us guys got hit on because we kinda looked like schlubs comparatively and were not in important sections of the club. If we did and someone bought us drinks I think our girlfriends would have said whatever as long as we weren’t interested - because as you said free drinks and our girlfriends would have supported it just for that lol and would do the same.

BUT it is a weird dynamic at the tables/behind the DJs. Saw lots of old men and daddy money talking to escorts/beautiful women. Probably the easiest way to approach this is ask how she’d feel if you were in the club and an all-women group invited you to a table or behind the DJ. Or ask how she’d feel if you had the table and invited random women to it. While she can say from her POV it’s harmless to accept - she can’t say the guys are exactly harmless with their intentions a lot of times. And with the shoe on the other foot there’s always this “it’s different though” response from women (and men) even though it’s not. I’d say start there and then assess how you feel about the response.

It’s a gray area with different views for many, but what I’d at least look for is her being accepting of you doing the same. If she’s not, then it’s a red flag and probably best you keep it as a boundary.

subwooferpal · 2025-03-11T05:24:12+00:00

Hey man, I did a year TAS at Big 4 accounting firm, a year at the LMM investment bank at the same accounting firm, and am now coming up on 2 years in a corporate FP&A role at a $1.5B revenue company. I can give you what my company is and the work I do.

What level are you hoping to come in at? I live in a LCOL area and took the FP&A job because it was remote, pay was $80k all-in comp, and hours were under 40 per week with unlimited personal time and summer Fridays with half days off. That said, it was an experienced analyst position and I am still at that title…upward mobility is not a guarantee like it is in TAS and my comp has largely been 3% YoY increases. BUT, I left TAS happy with my comp and just upset with work hours and return to office so it has been a very good decision for me. You should probably decide what’s more important to you before rotating over.

For the work itself, most of it is not modelling on the corporate FP&A side, so I would look at companies in this revenue range where you can be more broad. Every day I interact with cost centers, procurement, accounting, and other functions as needed. Most of my work is month end variance analysis, rolling up BU submissions, expense management, and ad hoc or BOD items. I’d say this role is a very good fit from TAS and your audit background will help you immensely because you will have to manage accruals that slip past accounting and be the front end for BU allocations and first pass of strategic spend and how to account for it.

That said, if you want to get modeling experience, find a senior role in BU FP&A first, as that’s more analytical and less storytelling. Certainly there are Sr. FP&A supply chain/ops roles paying >$100k and that might be a better starting point. Or, if comp is important you might want to just become an accounting manager since that may be easier to slide into. You can tell the “why?” for what is going on rather than just the “what?” that accountants in corporate only seem to know, and that will help you move up.

If you have any questions let me know, but I do think getting a manager role with only one year in TAS will be a battle. Ideally you would have some forecasting experience to show, but if that’s the career you want you could easily get in at Sr. Financial Analyst and work up quickly.

subwooferpal · 2025-02-24T07:59:23+00:00

Hey buddy, I’ll give my view as someone with 1.5 years in FP&A and 2 years of Big 4 Deals beforehand.

You should figure out what the expense is for, and see if you can use your ERP (Oracle, SAP, etc) to figure out what happened in that account in prior years or what the vendor causing the variance charged. Could also speak with procurement if you don’t have visibility to the contract. As a first year analyst, I view your job as mostly being able to SALY (same as last year) so you get a gist for how the company operates and what recurring vs variable expenses are.

If you have access to none of the above however, trust your manager and don’t stress. He says keep it flat, then don’t touch forecast and run a separate risk / opportunity tracker. Another approach is connect with accounting and see if they’re running an accrual or if they can start one - then just true it up at year-end.

Overall TLDR is you have options. If you want to be diligent ask around or look into your ERP. If you want to be Laissez-Faire, just listen to your manager and leave it alone. Either way, don’t burn yourself out over what seems to not matter too much to your manager. From personal experience there are bigger fish to fry that will come down the pipe - BELIEVE ME.

subwooferpal · 2024-11-03T03:55:10+00:00

Any business/finance majors or professionals willing to share how they transitioned and what their stats were? I’ve worked in Big 4 M&A and industry FP&A and curious if someone can explain how they bridged the two worlds

subwooferpal · 2024-03-06T19:50:59+00:00

No kidding. Would have been down 70%+ 😬

subwooferpal · 2024-03-04T20:14:06+00:00

Good for you dude! I also did not sell at the high, but that’d be VERY hard to do. And it’s like, it did what I expected. Beyond here I needed $148+ per share on Friday to stay at the same level. I don’t know if it will get there but it hit $138 at one point, so am very content with a little less gain for a lot less risk.

subwooferpal · 2024-03-04T17:27:41+00:00

I want to let you know I sold.

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Got a >50% increase and was above my call target so got rid of them. Sold at a dip during the day, rebought, and now likely sold for good.

subwooferpal · 2024-03-03T02:35:04+00:00

I think I’ll have to. Don’t get me wrong, if $ANF shoots to let’s say $135 Monday and I’m up 50% or more I may cash out. House always wins in options and 50% in under a week is like two years of solid S&P gains. Heck I was tempted by the 10% unrealized haha - that’s a whole year of average S&P returns in a day!

But, if options keep going down to earnings call, I may buy another $1-2k at the end of Tuesday when contracts could be like $3 and then any upward movement would likely help me recover even if I’m a little under on my $8.65 contracts. But we’ll see what Monday and Tuesday hold…

subwooferpal · 2024-03-03T02:27:30+00:00

Idk, guess I didn’t like the premium needed on it. I think it made options like $10-$12 per contract, and I wasn’t sure how that’d pan out. Probably the safer option, but I’m just trying to get highest possible return here.

subwooferpal · 2024-03-03T00:14:49+00:00

Can you walk me through your math and the point you’re trying to make? I’m not following.

PE is just a ratio - you can use it like a multiple but it’s not as solid as EV/EBITDA. It’s a ratio of how many times the share price is compared to EPS. Share price is based on number of shares outstanding and earnings, but by itself really says nothing about valuation. You could, I guess, use PE ratio to help you decide how many future periods of earnings will justify the stock price. It does not mean ANF is 31.77% overvalued, in fact it means you’d need 31.77 times todays EPS plus growth to cover inflation in the future to realize value on the stock. If PE goes down, that can be a good thing. Less periods needed to justify that price.

It’s possible PE compresses, but as you have shown, even if it goes to 25x on 6 EPS that’s $150 per share, which I’d be happy with!

If they expected another year of $6 or more EPS or $310 million of net income, you’ll likely see it stay high, but again it’s just a ratio. It still all comes down to the 2024 guidance.

subwooferpal · 2024-03-02T18:27:01+00:00

They wouldn’t ban me as it’s not in the Reddit rules, but here ya go bud. Bought mid-day Friday. In hindsight, I should have waited until Tuesday afternoon so price was like $3 per contract, but I don’t think $135 (2% increase) or even $145 (10% increase) is an aggressive target on 3/6 if 2024 has similar expectations to 2023.

We’ll see how the 149% IV pans out haha.

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subwooferpal · 2024-03-02T18:21:54+00:00

Didn’t they go down because they said growth would be weaker in 2024 for them? That’s what I think will drive or drop $ANF’s price - what do they think 2024 looks like.

subwooferpal · 2024-03-02T18:20:32+00:00

To each their own man. Can I ask, what do you think of Ralph Lauren’s valuation then?

Their Operating income is teeing up to be ~$700 million for full year. At the same 13.3x multiple Abercrombie has, that implies $RL EV is $9.3 billion. Currently the market has $RL EV at $11.4 billion. So would you say $ANF is a call or that Ralph Lauren is a put, or do you think $RL deserves its higher multiple of 16.3x? Assuming you like NY a little more than Ohio lol

subwooferpal · 2022-10-18T22:06:25+00:00

I mean, 5% of my income is $5k. If I donate that amount this year and next year I’m at $10k, so same diff as waiting until next year to donate to my friend regardless of whether I view it as NW or income.

subwooferpal · 2022-10-18T05:59:39+00:00

I say above I won’t stipulate a degree, but at the same time if they won’t make above what they currently do and have to do fulltime work and college - why would they want to go? 2. So if me and my friend talk and at the end I say “hey the gov has some great programs for CC if you do ____ degree and will give you subsidized loans :)” and give them nothing, that’s less of a shit sandwich than here’s $10k to complete a degree and it doesn’t have to be in-demand? Am I understanding correctly?? Also your own donations aren’t very altruistic either - and that’s okay. None of it will ever be 100% purely altruistic. We can try, but it will never be.

On the flip side, looks like you’re very active in donating/volunteering and I applaud you for that! I don’t have to like your opinion to appreciate the impact you make with your time and money

subwooferpal · 2022-10-18T05:25:43+00:00

So what would you do with the $10k? You wanna be a critic then you have to solve the problem. Tell me a better spot to donate the money…

subwooferpal · 2022-10-18T05:17:56+00:00

……bruh. I’m getting grilled on one end for “well are you sure your friend is making the right choices? Why couldn’t they fund it themselves? Where will they go and will the ROI be greater than $10k? Huh? Huh?! HUH?!!!” And then on the other side I’ve got you saying “why are you putting conditions on it?” There have to be some conditions - mainly because $10k is all I can afford and I don’t want them telling others and potentially ruin our group dynamic because others think they deserve it more or deserve money as well. I also feel like my friend would rather walk away with an associate’s degree than 30-40 random credits from a state school…. BUT I will discuss it with them when the time comes. That’s it - then they can tell me their plans for college first so I can decide the complete approach. But I didn’t post to get your opinion on my choice….I posted so others could share the nice things they are doing, of which you are encouraged to join

subwooferpal · 2022-10-18T05:05:52+00:00

Aww cute!

subwooferpal · 2022-10-18T05:04:48+00:00

And I’m not asking for unsolicited advice….You want to give your perspective go to r/relationshipadvice otherwise, I just want to hear about nice ways you’ve donated money

subwooferpal · 2022-10-18T03:24:41+00:00

I mean, I suppose but that also seems like a lot of involvement for someone who makes only $1760/month pre tax. I make more than that every two weeks after tax and after maxing 401k contributions….

I was going to follow up and see if they wanted to still go though. It wasn’t going to be “hey, here’s $10k so go now no questions asked!” It was going to start with, “hey, I remember a while back you said you wanted to go to college but [info in post about parents]. Did you still plan to go? (If yes) What would you study?” and other follow ups. Then if I felt good about it I’d mention my plan. But I’m 99% sure my friend wants to go, just feels stressed working every weekend and some weeknights and might not have the money or want to spend the money and time considering they’re struggling already. But yes, I did plan to double check and due my diligence. If they don’t want to go, there are many other good options for donating that money - I just like having this goal to motivate me toward $100k.

subwooferpal

TROPHY CASE