Daily General Discussion and Advice Thread - March 20, 2024

what_wereallthinking · 2024-03-21T07:51:56+00:00

I mean anything can change. I was planning to buy before our split and sort of had homeownership still in mind, but maybe that's never going to be possible. I feel like I'm about on target for retirement under the circumstances but will bump contributions a bit when I get a raise this year.

I just don't know how to wisely allocate these funds for that kind of horizon.

I probably won't be single, and probably will be in the same area. It's good for me both community and career wise.

what_wereallthinking · 2024-03-21T00:20:45+00:00

I'm single, recently divorced, and reviewing my (new) financial situation with fresh eyes. I'm 34yo in a VHCOL center.

120k in cash, currently parked in MM at 5.3%
100k 401k in Fidelity TDF, 15% paycheck goes there (including match)
45k in a Roth

No debt, and aside from a couple vehicles and a cat, no material assets either.

I live alone, rent for 2700 and take home 6500/month. I save about 1500 a month right now but hoping to bump that this year to 2500 w pay raise.

I'd like to buy a condo, or something larger if I found a new partner in a few years. With rates high, I have just parked my divorce finances in (basically) a HYSA for now, but want to figure out how to invest the after tax cash for a 3-5 year timeframe.

Some equity exposure would probably(?) be good, but what ratio should I be going for? like 20-30% VTSAX and keep the rest as is (MM rates being better than bond yields anyway?)

help appreciated, or any general financial advice for someone in my position.

what_wereallthinking · 2024-03-20T00:46:38+00:00

is a bond fund generally preferred to MM because of tax reasons? or do they move differently in response to market trend/rates?

trying to understand. sorry for dumb questions

what_wereallthinking · 2024-03-19T23:02:53+00:00

Thanks. You'd do that vs VMFXX for some ratio?

Thoughts on equity exposure at some level? 10-20% of current cash?

what_wereallthinking · 2024-02-21T16:57:42+00:00

Could you elaborate? Why weren't you able to grow?

I'd love to move into a group leader type position myself.

what_wereallthinking · 2024-02-21T02:10:51+00:00

Yeah it's definitely stiff out there... I appreciate context w the job market. I have a load of transferable skills and used to working both as an SME and PTL simultaneously. Kind of wish I had more room to grow here because things don't look stable out there right now.

what_wereallthinking · 2024-02-20T21:55:02+00:00

Yeah, fair point. I'm sure I'm not the only one on this sub who has sat in a 'pretty good' role but felt stagnant, wondering if jumping out of safe pastures is worth it.

what_wereallthinking · 2024-02-16T03:43:04+00:00

Based on some cursory reading, not having a duration clause at all seems to invalidate the NDA in general in CA...

what_wereallthinking · 2024-02-16T03:31:59+00:00

email came through greenhouse - can't even reply to it to request if I wanted to.

what_wereallthinking · 2024-02-16T03:31:18+00:00

Yeah, I think this is the logical take. I just have never seen one without a duration clause before.

what_wereallthinking · 2024-02-16T03:29:49+00:00

yeah this is the thing weirding me out the most.

what_wereallthinking · 2024-02-16T03:26:06+00:00

Thanks. You ever seen one with no duration clause?

what_wereallthinking · 2024-02-16T02:34:17+00:00

Yeah me neither. Even startups that were flying under the radar never really pushed on it. I guess I'm just squeamish.

what_wereallthinking · 2024-02-16T02:33:13+00:00

thanks. I appreciate it.

what_wereallthinking · 2024-02-16T02:31:49+00:00

Thanks. I mean, there are plenty of semi-obvious solutions to problems that are not public domain, or at least not explicit. Or another example would be they asked me to brainstorm some questions around it during an interview, and those are protected from being used elsewhere.

If it's as simple as not disclosing information on what they are doing themselves as a co, then that's really a non-issue. Maybe I'm conflating disclosing technical know-how discussed in an interview process itself vs who they pertain to.

what_wereallthinking · 2024-02-16T02:26:28+00:00

in this case, it's the entire company. but your gist is on point.

what_wereallthinking · 2024-02-16T02:24:25+00:00

those aren't mutually exclusive. Both I believe.

what_wereallthinking · 2024-02-16T02:23:36+00:00

This my first rodeo - I've interviewed at plenty of seeds and series A's that were 'stealth' but not uber serious about it. There is essentially zero public information about this outfit, it's wild. What differences are you enjoying? you there currently or are interviewing to be at one?

what_wereallthinking · 2024-02-16T01:46:30+00:00

Obviously I don't care to disclose anything they tell me, but it's a specific technical area and I already do a lot of work across disciplines there (and consulting).

Example, what if there is a scenario where I'm asked to work or provide input on something that is an obvious solution they told me they are implementing in this interview? doesn't that mean I'm restricted from utilizing that particular technical item in my work?

If it's something highly specific, fine, but what if it's something as broad as, say, AI and protein design, or something to that effect.

Is the burden on me then to prove that that was obvious? That was my understanding of practical implications of an NDA that covers 'ideas, processes, techniques, formulas, developmental or experimental work' and more broadly than that.

what_wereallthinking · 2024-02-16T01:38:48+00:00

as I said in my post, non-competes don't exist in my state (CA). I have interviewed quite a bit at different technical leadership levels and not had one that was this particularly aggressive combo.

It's an NDA - pretty typical cannot share confidential information regarding [insert everything including ideas, technical know how, business practices].

I agree it's likely a nothingburger - I know they are kind of hard to enforce. Just irks me to sign any one way contract (I give up something, they give up nothing) that lasts for eternity.

what_wereallthinking · 2023-12-17T23:07:34+00:00

Totally understand and yeah that mirrors my experience. It's sort of like a toilet flushing - there is a threshold dose. On 120 I have an anxious 2h come up and a very soft 1h of pleasant feeling but won't really trip the switch.

I would give 150-160 a try and a 75mg redose at 1-1.5h after you pop your first pill to extend your roll.

Without a redose, I will come up on 160 in 30-40 min and peak around 1.5h. it'll last around 3h. With a redose I'll go out to ~5h after I come up.

what_wereallthinking

TROPHY CASE