6 Figures 6 Certs Random Thoughts Thread

[phcitywarrior]

My company just let go of close to 10% of its workforce. Thankfully, I was safe. Seems like they're trying to get ahead of this anticipated recession.

Our C-Suite must be seeing something that isn't being communicated to the broader public. Something isn't adding up...

 

[Obreh Winfrey]

My company just let go of close to 10% of its workforce. Thankfully, I was safe. Seems like they're trying to get ahead of this anticipated recession.

Our C-Suite must be seeing something that isn't being communicated to the broader public. Something isn't adding up...

I've already heard talk of cuts for my organization, although it's because outsourcing is their new hammer for cost cutting, and all of us developers look like nails.

 

[Secure Da Bag]

I just started watching. But it's Dr. George Fraser. So I'd thought I'd share.

 

[JT-Money]

My company just let go of close to 10% of its workforce. Thankfully, I was safe. Seems like they're trying to get ahead of this anticipated recession.

Our C-Suite must be seeing something that isn't being communicated to the broader public. Something isn't adding up...

Companies do this all the time when they want to secretly giving upper management bonuses. I've worked at companies going through hiring freezes and at the same time giving secret perks to management. Most of the rank and file workers have no idea how upper management will go to enrich themselves.

The only reason they get away with it is because workers refuse to switch jobs. I'll switch jobs if my raise isn't over 4% every year. Once companies start seeing lots of defections they'll think twice about layoffs every year for no reason.

 

[phcitywarrior]

By the 26th I want to have ironed out my Top 5 goals for 2020. I already have 2/5, just need to crystalize the remaining.

 

[phcitywarrior]

Anyone here with a CFA that would care to clue me on the benefits? One of my personal development goals for 2020 is to get 2 top level certifications. I'm leaning towards the fintech route and I think the CFA and a coding certification might put me on good footing. My job isn't too demanding so I want to fill in my free time with studying to keep sharp as well as looking for a new job.

 

[ViShawn]

So due to how much I earned last year I can only contribute $2800 to a Roth IRA or about $3600 to a traditional Roth. Which do you think is the better solution?

 

[phcitywarrior]

The people that got the boot at my company got 3 months full pay as severance.

One of the chicks that got the boot was actually pretty happy about it. She was already interviewing with different companies and was pretty close to putting in her 2 weeks notice anyway.

I know the best time to find a job is when you already have one, but I can imagine you can get more traction if your 9-5 was only looking for new roles, especially if you're getting 3 months pay and you didn't have to touch your savings.

 

[---]

Anyone here with a CFA that would care to clue me on the benefits? One of my personal development goals for 2020 is to get 2 top level certifications. I'm leaning towards the fintech route and I think the CFA and a coding certification might put me on good footing. My job isn't too demanding so I want to fill in my free time with studying to keep sharp as well as looking for a new job.

Tad busy check back later today will tell you about the CFA.

 

[Skooby]

So due to how much I earned last year I can only contribute $2800 to a Roth IRA or about $3600 to a traditional Roth. Which do you think is the better solution?

What do you mean "traditional Roth"?

There is no income limit on a traditional IRA. If your limit on Roth IRA contributions is $2800 then you can contribute another $3200 to a traditional IRA.

 

[---]

Anyone here with a CFA that would care to clue me on the benefits? One of my personal development goals for 2020 is to get 2 top-level certification s. I'm leaning towards the fintech route and I think the CFA and a coding certification might put me on good footing. My job isn't too demanding so I want to fill in my free time with studying to keep sharp as well as looking for a new job.

More free time; excuse the delay breh

CFA is a 2-year commitment minimum that is if you fast track and pass all exams on the first try. The first exam shouldn't be that hard if you already in finance. Level 2 should pass on the first try. Level 3 don't know an individual that passed that on the first try. These exams are difficult! They have to bell curve them as a ridiculous amount of people fail them.

Also unless you're in the field of finance looking to go the top of your company or the company has asked you to get that certification I would say go with the MBA. If you have an MBA than yeah for sure go with the CFA and MBA together can't recall anyone who has that combination not living their best life.

The cost of doing the CFA is very cheap. The course material isn't expensive and a ton of material is already out there to help. If you expect to finish the CFA at all three levels and except job offers to fly in you will be mistaken.

Hope this helps I have done CFA level 1!

 

[JT-Money]

Anyone ever leave a job off your resume? Meaning someplace you worked at for less than a year.

 

[Pyrexcup]

Anyone ever leave a job off your resume? Meaning someplace you worked at for less than a year.

you cant grind it out for a year? im counting the months down for mine 9 months left lol

 

[JT-Money]

you cant grind it out for a year? im counting the months down for mine 9 months left lol

I usually dip out if the job isn't as promised or my new employer starts talking shyt about what I'm gonna do or not do. So I figure why even list this punk ass place if I didn't stay that long.

 

[Yinny]

So I really have a dream to start/own a hair, nail salon and spa. I have ideas on how to start but obv I need capital. I have fam who have the dough but getting them to come up off it is unlikely. Wondering if it may be more attainable to buy a multi fam in the next few years and then delay my business dream.