Forum Replies Created
-
AuthorPosts
-
svelteParticipantThere are definitely exceptions to the rules.
Who owned the land, where the land was more easily developed, all sorts of things factor in.
But on average, I’ve notice that the north is nicer.
svelteParticipant[quote=Coronita]The red herring for me has always been the stock option/stock grant….WRTO stock options/stock, I was always at the right place.. Just at the wrong time…[/quote]
That appears to be where you and I parted philosophies.
I wanted to be paid in full with a paycheck as I did the work. If they said I would get stock options as a part of my compensation, I said no thanks unless my pay was going to be market value.
I wanted a sure thing, not a lottery ticket. I guess that guaranteed that I wasn’t going to get filthy rich, but it also guaranteed I wasn’t going to provide my skills for less than they were worth.
svelteParticipantThinking about what I just wrote more, everybody won in that situation:
– The company I liked obviously didn’t need me in the period I was gone, or they would have given their folks raises during that period…they probably had too many folks anyway.
– When I came back, I had experience from outside their walls that I could apply to their problems.
– When I came back, they were obviously needing help and that’s why they were willing to give me a generous raise…probably well above those folks who had stayed.
– I was able to keep my salary rising at a much greater rate than had I stayed.
Win win!
As one of my astute bosses once said as he handed me a great raise, I bet you don’t go home and create these software widgets for fun in your spare time…you do it for the money. How right he was.
svelteParticipant[quote=Coronita]
Question: you think HR/VP’s are going to allow me to go back and re-adjust my senior engineer’s pay above what I’m going to have to pay any mid-level I hire now, after already making an adjustment at the beginning of the year?…
Now these rules don’t apply if you work at a company that while your position might suck, and your base pay/bonus might suck..but you have a a boatload of stock or stock options that are worth something..(IE Qualcomm, Intuit, ServiceNow, Illumina, etc).. But then if that’s the case, you’re in a completely different category.. You’re in the “rest and vest” category in which basically you really shouldn’t give a shit what they ask you do, so long as you can sit there and fully vest and put in your time…
[/quote]When I was in my first decade in the software industry, it was well known that the only way to keep a salary up equal to comps was to jump around from company to company.
So that is what I did. Eventually I found a company I liked a lot, but the same old problem reared its head…companies tend to think once you’ve been there 5 years, that you’ll stay and they don’t have to give you decent raises. So I left!
I went to work somewhere else. I got a big bump in salary, worked there a few years and when they tapered off in raises, went back to the company I had liked and got another big bump *and* a severance package from the company I left because they were about to do layoffs. When I got back to the company I liked, I found out that they had struggled during the years I was gone and for a couple of those years they gave out no raises at all none! So I came out even further ahead than I thought.
Another added benefit: for years after that, they could look at my history and knew I wasn’t afraid to leave. If I felt short-changed, they knew I’d find the exit. So my raises were pretty darn good for years after that.
Gotta know how to play the game.
svelteParticipant[quote=Rich Toscano]Just to get this on record, I think you guys are very overconfident in your ability to predict interest rates.[/quote]
Not to speak for the crowd, but I’m pretty sure we all know we’re taking a semi-educated guess and we could very well be wrong. But as with anything else in life, we gotta lay our money down somewhere so we need to give it a little thought.
Year after year now I’ve been betting on rising rates. Year after year that’s bit me in the arse.
In 1992, we bought our first single family residence (we’d owned condos before). In 1992, my wife’s sister bought their second single family residence. We went fixed rate. They went variable. With every refi, we’ve both selected the same path…us fixed, them variable.
Want me to tell you who won on those bets? Hint: it wasn’t me.
svelteParticipantReading back over my comment, sounds like I dissed the house over the grass…I just went off on a tangent.
You’re right, basically a good house and location. Floor plan isn’t for me but I don’t blame anybody for buying it.
The floor plans in my neighborhood are top notch, the designer put a lot of thought into them and they are very live-able, yet there are some nearby homes that go for 5% more for the same SF. Floor plans aren’t near as good, but they have all the eye candy out front. I guess what it boils down to is I view the world differently than most people. Sometimes that helps me, sometimes it hurts me.
svelteParticipant[quote=sdrealtor]Actually not a great lot or location for that neighborhood which I know well and have sold good ones there. I’ve sold this floor plan also and it’s got a few wonky issues with it. That was an average lot with a noisy pocket park behind it. It had little usable yard. [/quote]
At first blush it does seem nice until I look at it a bit more.
The grass in the front yard where the street bends…see all the bright green patches? Those are two or three dozen spots where neighborhood dogs have peed. At the center of each of those spots will be brown dead grass. The owner will have to patch that over and over again, endlessly. Very strange since there is a pocket park just a little farther down the road.
And if you look closely, someone has photoshopped that grass to make it look better. What we see there must be an improved version of reality. Yikes.
svelteParticipant[quote=sdrealtor]
I’ve learned when people try to predict things based upon things they see as black and white, more often than not they end up on the wrong side of things. The world operates in shades of grey.
[/quote]+1
[quote=gzz]I don’t think an uptick in inflation means higher nominal interest rates. Sure if we have 10% inflation (but we won’t), but not a spell of 3 or 3.5% inflation.
[/quote]+1
[quote=gzz]
3% inflation, 0.75% 10-year treasuries, and sub-3% 30 year mortgages I think is very possible for 2022-2024.
[/quote]+1
svelteParticipantWell it happened this past weekend.
We went out with a group of friends and one of them whom I would never have guessed even followed the stock market gave me a stock tip.
Suddenly the 1928 saying came to mind:
“You know it’s time to sell when shoeshine boys give you stock tips.”We may still have a year or two to go, but methinks the end of the bull is nigh.
svelteParticipant[quote=scaredyclassic]
I hate cars and I want that. are all these e cars going to be reasonably reliable? My wife’s mini cooper is a piece of garbage; seals constantly failing and leaking; will the electric version be ok? maybe we can trade it in.
maybe I should just be nuts and buy a 70k electric suv. she won’t expect that kinda weird behavior from me. im too predictable. or the porsche. yeah, maybe I need a porsche in my life. Why am I bicycling everywhere?[/quote]
lol – it is easy to get caught up in all of this. I certainly am! My opinion, never buy first year anything. Even the best manufacturers find a few glitches they hadn’t noticed during design. Second year, better. Third year and on, best.
svelteParticipant[quote=scaredyclassic][quote=Coronita]
TBD reliability….
Mini-cooper. Scotty Kilmer has a few things to say about it.
https://www.youtube.com/watch?v=Lp0LdnreYmE%5B/quote%5D
Yeah. I hate that car. But my wife loves it and won’t get rid of it. Not even for a Porsche.[/quote]
Don’t listen to Scotty Kilmer. Not even about where to buy lunch. Can’t stand that man.
If you want to watch a guy with valuable car opinions, watch the Car Wizard.
He’ll walk you through about the good and bad about any car make and model, pretty fairly in my opinion.
svelteParticipantWell it had to happen. New home contracts being canceled in Utah. Hope your home is already built econ or you could be facing a contractor who now wants to renegotiate the price:
Probably going to happen all over the US soon…
svelteParticipantsvelteParticipant[quote=Coronita]
I was picking up parts for my Mazda a few weeks ago and dropped by the the Audi dealer next door because some guy in there was driving a miata. Turns out it’s the finance guy…Anyway cool racer guy. Anyway, i was just browsing and looking and i really like the eTron, minus the front plastic looking grill.
It makes sense to lease these cars…But price isn’t *that* bad with the tax credits.
https://www.edmunds.com/audi/e-tron/%5B/quote%5D
The e-Tron GT and Taycan are both drop-dead gorgeous too…and I’m typically not a German car guy!
But man, sooo many good automotive ways to spend $$ are about to arrive! The future looks bright indeed. The era of the gorgeous 4-door is here.
2020 Porsche Taycan: price, power, top speed, battery range, technology and on sale date
-
AuthorPosts