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Joined 3 years ago
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Cake day: January 31st, 2022

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  • gyrfalcon@beehaw.orgtoLinux@lemmy.mlLooking for a "couch laptop"
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    2 years ago

    I bought a used HP Elitebook on eBay for a similar purpose. I can browse and do video calls on a bigger screen when the fancy strikes. Pretty much any used business laptop should work. I think I paid about $300 for mine and I paid extra for particular hardware I thought was neat but you don’t have to. Only thing to keep in mind is the battery will likely be pretty worn.












  • Alright broad rundown time so I can reference on future posts:

    For retirement I am currently following a portfolio allocation from Ben Felix, adapted for the U.S. by this website, with a 15% bond allocation. For those who don’t want to click through, this is essentially a total market portfolio that makes sure to cover domestic and international equities, with a bias towards small cap value stocks, which historically have shown additional returns over large growth stocks. The bond allocation is more by accident if I am being honest, and I will probably gradually reduce it as I am pretty young and I find the arguments presented for lifecycle investing pretty convincing, though not actually convincing enough to leverage my retirement without the direct advice of a financial advisor. I am more or less hitting my target allocation now, as I just finished a 401k rollover and was able to get everything the way I wanted.

    I have a small hobby investing account, funded from my hobby budget and currently less than $1k in total after getting a $100 bonus for funding the account. The investments there are mostly picked based on what I think is interesting, including the following:

    • Funds
      • NTSX: Efficient core fund that uses futures to replicate a 90/60 leveraged stock/bond portfolio, for only 0.2% in fees
      • RSP: S&P 500 index fund that holds all 500 stocks in equal weight rather than market cap weighting. This keeps the portfolio from being mostly the top few countries, ideally improving diversification.
      • MUB: Municipal bond fund, this is a taxable account and I thought it would be fun. Plus lending to local governments makes me feel like I’m doing my civic duty.
      • VBR: Small cap value ETF from Vanguard, tries to capture the size and value premia. I also hold this in my retirement accounts for my domestic small cap value allocation.
      • DISV: Dimensional small cap value international fund, similar to VBR but outside the US. I hold similar fund AVDV in my retirement accounts
      • ICLN: Renewable energy fund, because oil companies suck
    • Individual Stocks
      • These were selected on the basis of small companies trading at or near book who had consistently beaten earnings expectations around last fall. It’s been mixed success, but a lot of fun! These are sized at ~1/4 the size of my individual fund positions
      • MHO: U.S. homebuilder, up around 80%
      • CLS: Software and hardware provider for logistics solutions, up around 27%
      • UNM: Insurance company, they do life and critical illness but not main healthcare, up around 17%
      • WRK: Paper packaging company, down around 30%. I let a cheap valuation blind me to the fact that they don’t actually make that much money, and their Q2 reports were BAD.

    For things that are too risky or capital intensive for my hobby account, I have a paper trading account. Right now this is mostly options strategies, and it’s a good thing it’s not a real trading account because I fat finger the app on my phone regularly enough that it would be a problem lol. Anyway, the main plays there are:

    • Bullish call spread on F using LEAPS. This was originally a backratio spread which I think is a neat defined risk trade but I wanted to roll it out to a further strike date and messed it up.
    • Poor mans covered call on GLD. I originally opened a relatively deep in the money LEAP position on GLD during the debt ceiling talks, thinking it would be a nicely leveraged way to get some exposure to gold in the event that things went south there. Happily, the government continues to function, and so I decided to use the position as a way to practice the PMCC, though realistically I should just close the position and take my loss.
    • Iron condors on SPX opened on Fridays to expire on Mondays. Originally I thought this would be a very pure theta play, but upon further review I am shorting vega. I don’t think this is an egregious trade overall given how volatility has declined in the last few months, though it has burned me the last two weeks and I think my timing and management of the trade could be significantly improved.

  • Would you care to explain the tax loss harvesting point? Is it just that the fund price drops a bit post dividend and you can squeeze out a bit more “loss”?

    There are still some good credit card bonuses out there. I am working on assembling the Chase Trifecta, and right now that involves using the Freedom Unlimited card on all groceries to get 5% back. I don’t think that promotion is still going, but I am pretty sure that both the Freedom Unlimited and Freedom Flex are offering $200 back on $500 in the first 3 months, though you do have to be careful about really churning them because I think Chase gets mad if you apply to too many cards in a certain time frame.

    As far as FI/RE goes, on Beehaw at least that community is mixed in with general finance. I think we’re just about the size to start having a viable general finance community, and if we split it up we would see even less activity.


  • Alright waited until the weekend so I could write this one because it might be long we’ll see.

    First off, I’m sorry you’ve had to deal with all this bullshit. I changed jobs last year, and even as someone who was getting interest and interviews in my search, it still made me want to scream pretty much the whole time, and it took like 9 months at varying levels of intensity. I can’t imagine how frustrating putting in all that work and getting what seems to be worse than nothing back has been.

    Second, I want to echo some of the comments in this thread emphasizing that some less traditional career paths may be open to you. The idea to apply at LMG is great, as is the possibility of freelancing. If you haven’t already, you could also consider contract roles. When I was looking there were lots of recruiters trying to pick people up for technical jobs on 6-12 month contract. That may be different now, or you may have your reasons for not considering them just like I did, so I understand if it’s not an option or if you’ve already considered it. If it works for you though, an employer may be less strict on what they think is the “right” background for a role if they know it’s only for a shorter time. Also, I think I saw some discussion from you about considering a van lifestyle, which could be pretty compatible with freelancing or moving place to place for contract work, so that is something to account for as well.

    Third, I want to encourage you not to give up. Employers frankly suck, and in the absence of better labor organization, changing jobs is the best way to get what you need. Even if all you can do for a week or a month at a time is the super simple instant apply stuff on places like LinkedIn, that’s still progress. Or if you need to take a break for a while to keep yourself sane and make sure you’re at your best when you do have a new opportunity, that’s also a valuable use of your time. And if you represent yourself even half as well in interviews as you do in your writing I’m sure you can make a good impression, the challenge is getting in front of the right people.

    Lastly, I actually want to thank you for this post. Job hunting is a super important aspect of personal finance that I’m not super able to write my own posts on since I’m pretty early in my career. I have been thinking of making a weekly discussion thread for this community, so if you want to continue to vent or journal about your search then it would be great to have more posts, either as standalone posts like this one or comments on the discussion thread.