If you’re competent and ambitious, you will be identified and can grow and get promoted.
Zero communication of annual or quarterly goals. Projects and priorities change weekly. Layoffs every month for the last year.
I have sold everything except the 401k and the house. I've been putting 100% of my money paying down my mortgage and will continue to do so until it is gone. IMO stock markets won't recover with high mortgage rates looming over folks. Stock market can't beat a guaranteed 7% return.
People/Big orgs are taking money out of stock market and putting them in cd/bond/bills etc. Because of the high rates it's guaranteed 5-6% return. Once the rates goes down folks will again start putting money in stock market. Hence buy stocks now!
I have enough money in cash for a 20% downpayment right now. The money is sitting in treasury bills on fidelity. I'm not in a huge rush to purchase, but ideally, I would like to have purchased a house by end of August, but I'm also open to waiting until 2025 since renting is cheap (cheaper than prop...Read more
This is a question as old as time, and asked before multiple times. Back then interest rates were 3-4%, now it’s looking like 5%. At this rate, should I pay down mortgage for a guaranteed 5% return on investment or invest in the stock market for a likely 10% return on investment? At what interest ra...Read more
I recently bought a house at 6%. I’ve been aggressively selling stocks to reduce the mortgage to 750k (at that point interest is roughly 4% with the mortgage interest deduction). Thoughts? Is this a wise move? I’ve paid off over 300k of the principal in the last few months, have 230k to go until we’...Read more
Rate a msft offer ( : Base : 188K On-Hire Stock : 75k / says immediate Sign on : 30K Annual Refreshers : Target bonus : 0-40% Target Stocks : Only mentions eligible? YoE: 13 Would TC be calculated as 188k+75k+(188k*.40) ? It seems subsequent years, based on how its read, I would have TC at 188 ...Read more
Position: Sr Product Analyst, Data Science Level: 30 Location: San Jose Base: $137K Annual Bonus: 15% RSU: $140K/4Years Sign-On Bonus: $10K 1st Year TC: $202K Refreshers: Not Guaranteed (depends on the team). Very good WLB: 40 Hrs/week at max (Manager said this). 401K: 50% ESPP (Employee Stock Purc...Read more
I have $150k to invest somewhere. I’m thinking of putting everything into: A: SWVXX at 5.2 yield (not FDIC insured but stable) B: HYSA at 4.3 APY (FDIC insured) C: dumping into VTI for long term growth D: Other What should I do? Ps. The market being pretty high right now along with the fairly gu...Read more
The purpose of both is to sell at a higher price than the price you bought at. People like to say owning stock means you own part of the company, but it doesn’t work like that in reality. The only time your stock will be liquidated for company assets is when the company goes bankrupt. It’s common kn...Read more
My fiancé’s dad lost a lot of money in the stock market and she carries a lot of that fear with her decades later. She thinks stocks are universally gambling and present unneeded risk. Bonds, stocks, index’s, options, everything. If it’s variable and hypothetically could lose money, it’s risky and...Read more
Meta TC: 470k + 100k signon (E5) Jump TC: 450k (guaranteed) + 150k signon (core dev) Meta Pros: - Unprecedented upside opportunity at a public company with all-time low stock and great offer for my YOE. With stacking refreshers the guaranteed comp here is rock solid - Large networking opportunity...Read more
Thinking that the recession is going to hit us soon, I feel job safety is going to be pretty important in the next 1-3 years (and Compass isn’t the safest place at the moment due to interest rate concerns and slowing real estate sales) Received an offer from one of my prev companies. Here’s pros/co...Read more
Update: while I do believe this is the start of a bear market. Tech has wiped off 1 Trillion in value over the last month and much of the tech sector is registering the most oversold readings in many years . So we are do for a big rally in the short term over the next several weeks probably (barrin...Read more
Alright ladies, listen up. I just spent the whole day going down the rabbit hole of this whole GME / RH / Citadel debacle. This is going to be long, so you might want to lie down and suck on your pacifier because this one would take quite awhile. Let me start off by saying that I have a smooth brai...Read more
I just got an offer from Amazon for SDE1 in NYC for 160k base, 40k sign on, 125k RSU so first 4 years of comp are roughly 186k, 198k, 210k, 210k. Currently I’m making around 150k with around 3 YoE, was hoping their offer would be for SDE2. One option is to stay at C1 and the pros for that is: - I k...Read more
You’ve probably seen the buy the dip chart that shows if Bob had invested weekly from 1980 he’d have multi million dollar gains. That is true but…. 1) did you ever ask why that data strategically starts from 1980? That’s peak boomer wealth starting era. They conveniently don’t show anything from t...Read more
Hello Blind! With the ever increasing expectation of the real state bubble bursting in Bay Area, mortgage interest at a bargain rates and insane valuations on the stock market during recession, is it a good time to change a condo to a house? In detail, I live in a 2bd Condo with my family. And as t...Read more
I know many people would think it's unlikely to get effective, but the wage-based rule is a hope for many people here. But I also heard that it would not necessarily benefit people in the tech industry because the required base salary will be pro-rated based on the job title and the location. Especi...Read more
Received offers from both companies, heavily deliberating as it seems they will lead to very different outcomes depending on which one I choose. Citadel Securities (SWE Intern) TC: $4.3k/wk, $5k signing Pros + Interested in quant finance space, internship gives me a non-committal way of trying it o...Read more
This might surprise many of the folks here on blind community but ' US has a serious Deflation problem ' Now, before we start trashing this thread with tons of " How Fed has been printing money and causing inflation..etc. " Let's understand, what exactly we are dealing with here. *** What is infl...Read more