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Becoming a high performing software developer working from your bedroom

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Re: Becoming a high performing software developer working from your bedroom

#241

Post by fjp »

Ididntdothis wrote: post #190
nfriedly wrote: post #118

Earlier quoted context omitted.

I agree that 10-15% is a little optimistic, but even with a more realistic 4-7% you'd still have $300,000-500,000 at the end of 30 years, which is nothing to sneeze at.

I just get annoyed when people throw around unrealistic numbers recklessly. Between 4-7 and 10-15 percent there is a huge difference. There is already enough bullshit and delusion going around in investing advice so let’s not add to it.

This source has average historical S&P 500 returns, including dividends, at over 12%:

https://www.slickcharts.com/sp500/returns

Re: Becoming a high performing software developer working from your bedroom

#242

Post by kjs3 »

dragonwriter wrote: post #191
vsareto wrote: post #111

Earlier quoted context omitted.

There's really no other words for it: a six figure job from the comfort of your own home/office is fucking magic Everyone should get the chance to experience it.

> a six figure job from the comfort of your own home/office is fucking magic Everyone should get the chance to experience it. Most people don't get to experience a six figure job, period; the median income at peak earning agree is around $80k.

Where do you live? US median income is closer to US$63k and something like US$40k in the UK.

Re: Becoming a high performing software developer working from your bedroom

#243

Post by travelton »

rossboss wrote: post #235

I'd love to work from home but can't seem to find any remote gigs. I've applied to quiet a few with little to no response. I get tons of responses from non-remote / relocation opportunities. Any secrets? this article doesn't mention how to find one effectively.

Have you checked the "Who is hiring?" threads? There are several remote positions listed each month. https://news.ycombinator.com/item?id=22225314

Re: Becoming a high performing software developer working from your bedroom

#244

Post by PretzelFisch »

petargyurov wrote: post #5

> Buy a whiteboard and write the goals for the day on it, for instance As a solo dev the biggest productivity booster for me, from a physical and mental aspect, was purchasing a whiteboard. It honestly feels like some sort of hack. Prior to having one I would use pen and paper but that didn't quite scratch my itch - if I made a mistake I would have to scribble it out and that space was now wasted. I can't quite expla…

This is how I justified getting a Surface Hub for the wall. White board for work, TV at break time. Also nice large screen for watching virtual conferences and training videos.

Re: Becoming a high performing software developer working from your bedroom

#245

Post by fjp »

tspike wrote: post #238
dwild wrote: post #179

Earlier quoted context omitted.

> But even more so, I can't imagine how painful it is for people to sit in traffic every day, stressing they might be late, burning money on fuel and their car, and waking up earlier than they really should. It's not only cash spend directly, it's also time spend. I was spending 2h a day in public transit, but when I tried to do it in car, it came down to less than 45 minutes a day. The parking was quite expensive so…

Conversely, on public transit you can engage in other activities. When I take the train to work, it takes twice as long but I'm able to catch up on e-mails, take a nap, read a book, watch a show, etc. That's not possible while driving so I view it as a net time gain.

I think it comes down to preferences. I have never enjoyed reading, podcasts, or whatever else on cramped public transit, but I do enjoy the alone time of driving and I generally enjoy driving if it's not stop-and-go.

That said, the overall amount of time I spend is still my first priority. I don't want to spend any significant portion of my life going to and from work. I live in Chicago so public transit is 100% the way to go since it's faster and many times cheaper than using a car.

Re: Becoming a high performing software developer working from your bedroom

#246

Post by kjs3 »

rjkennedy98 wrote: post #156
vsareto wrote: post #111

Earlier quoted context omitted.

There's really no other words for it: a six figure job from the comfort of your own home/office is fucking magic Everyone should get the chance to experience it.

Yes, and some of us reject it. When you work with people you never or rarely meet in person loneliness can be a big issue. If you have addiction problems, having the freedom to drink, game, smoke, ect whenever you want can also be a huge issue. Yes, not having a commute can be great, but if you are young you can usually find apartments close to your work (I bike to work for instance). What I feel is best is having th…

This is a really important point. I agree WFH and other forms of flex-time is a critical option in todays workplace, but it's not for everyone and everyone needs to be aware of your coworkers state of mind and capacity for self-discipline.

Sometimes it's just "hey...you seem to pretty consistently miss the early meeting...you good?" or "you know you haven't been hitting it like you used to...but you seem to be killing it in EVE Online". But I've been through an employee where it was performance falling off->odd behavior on calls->slurring incoherently on calls->intervention->short term disability. Fortunately, recovery can work and they're back. In the office.

Re: Becoming a high performing software developer working from your bedroom

#247

Post by Solvitieg »

jbb123 wrote: post #128
jonny383 wrote: post #119

Earlier quoted context omitted.

Firstly, it was "low to medium" risk, not "low" risk. Secondly, pretty much any reputable ETF (or combination of ETF's) can quite easily achieve this over 30 years.

Most ETFs have returned about 7-8 % average long term (before allowing for inflation). Not a bad return, but very different over 20 years from 10-15%

It has to be said that this 7-8% average is inflated due to being at the end (?) of a ten year bull market.

Vangaurd is predicting low growth of 3-4% over the next decade.

Re: Becoming a high performing software developer working from your bedroom

#248

Post by newnewpdro »

jbb123 wrote: post #112
jonny383 wrote: post #105

As someone who developed their career from the comfort of their bedroom, I always find it very interesting to see people all over the world from different cultures experiencing the same basic issues with this kind of work set up. I absolutely loved working from my bedroom for years. It was great (despite the common down falls like the ones listed here). My family used to make fun of me at parties and seasonal celebra…

> low to medium risk areas and average 10 - 15% per year. Where can I get this return reliably at "low risk"?

It doesn't seem difficult to avg +1% per month doing relatively basic trading in my experience.

The challenge I have is remembering to actually care about it and do the trades, life gets too busy and before I realize it a month has gone by.

But whenever I'm on top of it, 1% gains have been very easy over the past decade, I'm rarely in the market for more than a few hours. But I risk having a pile of cash to trade with I suppose, the dollar could crash.

If you do +1% per month you're already +12%/yr, I consider 12%/yr the minimum acceptable yield for any kind of investment given how easy it seems to be to DIY.

Re: Becoming a high performing software developer working from your bedroom

#249

Post by Solvitieg »

datingscientist wrote: post #198
jonny383 wrote: post #105

As someone who developed their career from the comfort of their bedroom, I always find it very interesting to see people all over the world from different cultures experiencing the same basic issues with this kind of work set up. I absolutely loved working from my bedroom for years. It was great (despite the common down falls like the ones listed here). My family used to make fun of me at parties and seasonal celebra…

but... dat time savings! Seriously, I'm in a major metro area and my commute is considered "not bad" by local standards... Working at an office costs me at least three hours a day: - 30 minutes of "getting ready" - 60 minutes of commute there, at rush hour - 30 minutes of lunch (usually just grab a sandwich at home) - 60 minute return commute at rush hour Bonus Time Savings: Popping on a headset and taking a walk aro…

You drive home to get lunch?

Re: Becoming a high performing software developer working from your bedroom

#250

Post by Solvitieg »

quantguy11959 wrote: post #205

What are some good ways to avoid distractions? I often find myself watching YouTube/Netflix or on steam for endless hours before realizing it

Recognizing that you cannot produce value while multi-tasking was enough for me.

You're just doing surface-level work if you're able to watch Youtube videos.

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