[quote=no_such_reality][quote=AN][quote=flu]AN.. For some people, moving around companies works out for them. For other people it doesn’t. [/quote]
I understand where you’re coming from. Hind sight is always 20/20. The pay difference is only 5-10%, so the decision to not jump around doesn’t affect him as much as his decision to buy the house. So, even if guy A didn’t jump around like guy B, if guy A just listen to guy B’s reason why he doesn’t want to buy a house in 2005, he would have been much better off. One decision alone, not the most popular decision in 2005, would have put guy A in a much better financial situation. This bad luck (2005 RE crash) affected everyone who own a house, so it’s not like guy B was in the right place at the right time.[/quote]
Can’t win if you don’t play.
Not moving is basically not playing.
So unless you’re really aggressive about moving around in a large company, then not moving companies is basically a guaranteed non-winner.
Winners make their own luck.[/quote]
Again, i’m not really disagreeing with any of the opinions against obama-hood… But my point is sometimes you win by not playing….A good example of this are *cough* public pensions (I know, I’m opening a can of worms on this one)….But that’s for a different discussion.
AN, it is very quite possible that someone didn’t buy in 2005 not because they were really financially astute but rather they so happen didn’t have enough cash/downpayment to buy (ie they couldn’t afford it)….Again, luck of being poor at time X ends up making you rich at time Y….
Sometimes the best decisions you make in life are the decisions in which your choices are no versus no and at other times yes versus yes.
Anyway, got to go to work. I have a deadline….Because a certain Q company is really doing a daddy job trying to put the rest world out of business…. :). That’s exactly why I stopped shorting Q and started going long long long… Not because I expect great returns….But simply because if Q is successful in annihilating everyone else, I need a hedge against my possible future underemployment 🙁
