401–410 of 410 posts
Earlier quoted context omitted.
I feel like this story ignores something important, something about the market being the same in spite of changes in the company.
Off the cuff, doesn't a company being in a market change the market? Especially if they're doing well, i.e. Apple changed the smartphone market...
Just throwing this out there: I'd pay $40 to hear the real story.
Just throwing this out there: I'd pay $40 to hear the real story.
I believe it may have had something to do with a rather dramatic story about github from a while back. The last person who mentioned it in this thread got their comment killed, so I will stop here. Well, I should add this is pure speculation, I have no actual information about it.
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Cut expenses, payoff debt, increase savings... on principle. Then when you see the first early warnings, do the same but twice as hard. I am well on track to pay the mortage in 4 years instead of the standard 20, have probably 6 months of expenses in the bank, plus another 2-3 months of expenses in a different account because the wife has begin to have funny ideas about what to do with the extra cash. (I have already…
are you saying that you are hiding money in secret accounts from your wife because she wanted to have a vacation?
Earlier quoted context omitted.
Cut expenses, payoff debt, increase savings... on principle. Then when you see the first early warnings, do the same but twice as hard. I am well on track to pay the mortage in 4 years instead of the standard 20, have probably 6 months of expenses in the bank, plus another 2-3 months of expenses in a different account because the wife has begin to have funny ideas about what to do with the extra cash. (I have already…
Wow. Your marriage sounds awesome.
Right now I am counting on her being smarter than I am.
Earlier quoted context omitted.
Cut expenses, payoff debt, increase savings... on principle. Then when you see the first early warnings, do the same but twice as hard. I am well on track to pay the mortage in 4 years instead of the standard 20, have probably 6 months of expenses in the bank, plus another 2-3 months of expenses in a different account because the wife has begin to have funny ideas about what to do with the extra cash. (I have already…
How are you paying off the mortgage in 1/5 of the time?
I am Mexican, living and working in Mexico. Interest rates for a house are in the ballpark of 10%. This can be either very bad (on a 30 year mortage, you end up paying back about 3 times as much as you originally borrowed), or very good (early payments go straight to capital and have a disproportionate effect on the total amount paid, specially during the first few years). We also have a government mandatory housing fund, paid by your employer, at 5% of your salary (meaning everybody's salary is 5% less than what otherwise would be, but still).
So, we did the rational thing. We rented while we were young and our careers were taking off, we tried to avoid lifestyle inflation when we got raises, and when we finally bought a house we threw every spare cash we could afford until the monthly interest came out of our employers fully. That happened last December (after sinking Christmas bonuses into the mortage).
So, while it requires discipline, it's not that impressive. In this country, paying your mortage using the plan designed by the bank is the same as making minium payments to your credit card. You just keep paying interests without making much of a dent on the capital.
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Uh, have you been on unemployment? There's a max. In Massachusetts it's $698 / week (with no taxes taken out). That would only barely cover my mortgage, let alone car payment, food, health insurance, etc. And yes, people should have emergency funds... but when you were a few years out of college, did you have 3-6 months of salary saved up? I certainly didn't.
...why should the taxpayers cover your mortgage? I don't think "debt service on assets" is a universal human right. And why would someone have a mortgage just out of college if they can't even save 3 months first? Either way, $698/week is a lot. Do you know how much these European countries and Canada pay under their "safety net?" It's probably closer to $1500 per month. They certainly don't give a shit about anyone…
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Wow. I would never say I was going to jump ship until I had my plans set out. In the past I've given 6 weeks notice when it was asked for but I just wouldn't put myself in a situation where they might fire me before I fund my next gig.
There's a difference between saying "I'm jumping ship" and "I'm thinking about looking around in the next few months". The former is implying it's definitely going to happen, the latter is saying that it's a fungible situation. I'd like to think (and try to only work for) people would be professional enough on both sides to realize that not everyone (either side) is going to be happy 100% of the time but a) both side…
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Spain has a 15-days notice for termination and Luxembourg 1-month, France 3 months for IT jobs (I'm French) and I guess employee protection laws are proportional to those figures. So I wonder whether it's essntially France which is considers the employment contract as a blood pact.
I am French. The 3 month notice is when employees want to terminate a contract. The way the usual contract in IT (CDI) works is: you can have a 4-month trial period, which you can renew once. Then the employer cannot fire you without "serious cause" (and "bad performance" does not qualify). Some side-effects of that are: - Employers are afraid to hire, leading to long-term unemployment. - IT is dominated by huge cons…
Earlier quoted context omitted.
...why should the taxpayers cover your mortgage? I don't think "debt service on assets" is a universal human right. And why would someone have a mortgage just out of college if they can't even save 3 months first? Either way, $698/week is a lot. Do you know how much these European countries and Canada pay under their "safety net?" It's probably closer to $1500 per month. They certainly don't give a shit about anyone…
The point isn't that the taxpayers should cover his mortgage, but that the unemployment benefits should be more commensurate with how much one has paid in. Anecdotal, but one of my older buddies was laid off. He's been earning north of $250k for over 30 years. He had savings, but assuming he didn't, his max withdrawal would be $698 a week, and only for 6 months, which is a max withdrawal of ~$18k, which is right arou…
FUTA is only paid on the first $7,000 of an employee's income. The state portion of unemployment insurance is generally similarly capped, just like FICA (Social Security/Medicare) tax.
So your point is invalid.