Lurker > IllegalAlien

tbf a couple pubs in something like NIPS are a prereq to very high paying industry research scientist positions

lmao pretty funny

now that im almost 30 i honestly couldn't give less of a fuck about something that entertained me when i was 11.

NightingaleMD posted...

It's basically both

the first 10k isn't even taxed and the tax rate on the next 6k is negligible

So it's both pre and post tax lol

lol kinda mean but accurate

is that pre or post tax? that's like $7 an hour full time, which is obviously as low as it goes.

this one girl who is my gfs childhood bestie is on OF and shes 6 figure a year popular.. i made out with her one in college, yeah i sub sometimes, so wat

+ as you say that's a lot of liquid. I think savings banks only insure 200k, so I need to start putting that shit into other places

Jiek_Fafn posted...

A lot of people would say that's excessive, but it definitely gives you a lot of stability. You pretty much never need to worry about any sudden financial issues with that.

You're essentially paying for peace of mind. If you just have $100k laying around, do you really need to invest more aggressively though? It's not really a one size fits all question. Either way, you're probably fine.

I want to FIRE so investing with a 30 year horizon will ensure that I have the same level of wealth when I'm older (despite inflation and not working)

g980 posted...

Yep exactly

Eh there is an angle of risk tolerance there

Yes, i could make more money in the long run by paying minimum to my mortgage and investing all my extra money

*but* what happens if i need a chunk of change while the market is down? Easier to pull from a HELOC than eat big losses

Also, once my mortgage is paid off (or if i refi after paying off a chunk of it) i am in a much much better place from a cash flow perspective. I could take a much lower paying job and pay my insurance/taxes without having to touch my investments

This is all to say, what i actually did was split my extra net income 50/50 between investments and mortgage. Mortgage will have been paid of in probably 6-7 years from when i bought the house

personally, I'm spending the next 2 yrs building liquid back up to 80-100k, that's a pretty safe liquid number IMO

-TC is at a rager-

CE: why wont he respond??????/

tip 80% and dont forget to clap for the service

what's up with the pedophilia levels in pokemon, what is wrong with japan, honestly?

Yuuko-Chan posted...

Not completely but we know how the DNC likes insider trading especially Pelosi

HAHAHA yeah man, republicans would never do anything like that, they're too good and christian and white right?

lol? did you only start investing a month ago or...? try googling the DOW and set the chart to 1yr... tell me it's crashing again

residents are still in training though right...? once you're a real doctor you'll make a lot more money than nurses obviously

my mommy and brother are doctors

i hope they're not huge assholes to nurses like that one poster

LeoRavus posted...

It would depend on how much you owe and what the interest rate is.

I bought before the rates were low and was paying 8%. Always made more than the minimum payment and decided to get rid of it when I only owed $35k.

That's the price of a new car so no big deal to drop that amount. Plus it's saving me like $250 a month in interest to the bank. May as well have been burning that money.

oh damn

yeah 8% definitely changes the calculus on investing vs paying off

I'm not sure if it makes sense to pay off you mortgage early (saving 2.5-4% interest per year) or to just yeet that cash into index funds... probably better to just invest

Zjusjia-h_da-4 posted...

Also, if you ever went to prison, what would be your game plan to survive?

bust cheeks before you get your cheeks busted...

lol

honestly probably neglect my heigeine so i dont get my cheeks busted, stay low, and read books... also lift weights if that kinda thing isn't political there

babbys first anime crush (from 2000?)

Zjusjia-h_da-4 posted...

A day that will live in infamy.

my man

btw median household income in Denver (medium-high cost of living) is roughly 70k... so you aint do so bad after all :)

oh right, we're crying because we're poor, got it

it happened around 2010 when ass pants became fashionable

women have never been hotter... wtf are you even talking about, go outside and see for yourself

COVxy posted...

This is also a bit different in experimental sciences vs cs. You absolutely don't have much freedom because experiments are expensive. Requires funding, and that means all the issues attached to getting funding.

fair point, tbh not really sure what we're even talking about anymore

IndorilGawain posted...

It also takes a lot longer to get to that point of making good money as an academic vs going into industry.

true but I geuss my point is, being an academic is somewhat like being an artist who is supported by a royal house (your uni lol)

it's a passion and a way of life (with a lot of freedom!), few passions also make bank

there's something really satisfying about lecturing too. if you don't like lecturing and teaching you're obviously in the wrong game. but if you do, it's really fufilling work as well

COVxy posted...

Idk how it is in cs, but in neuroscience it's pretty rare to see professors that aren't pulling 60+ hour work weeks. This isn't really the expectation in a lot of industry (though it can be, my brother has always worked the same overworked schedule since switching to industry).

So there's: exceedingly long training period, very little chance of securing a job, overwork, and then poor compensation.

tbf all the professors I interacted with in my research group were extremely OG and tenured.. I'm not saying it's an easy path... but traditionally it has been one of the only paths where you can be paid a good wage to be an academic (now you can go into tech and make big money)

my thesis comitte was literally,

1. ACM fellow
2. Associate Dean (+ more crazy shit now)
3. Graduate Program Director

btw i was a phd candidate at a top cs school.. one of my co authors is an ACM fellow

you all are seriously acting like other professions just durrrrrrrrrrrrrrr for 8 hrs it's pretty funny

well maybe not 30, but it takes a bit longer for them to glow up as the zoomers say

it depends, some women look amazing at 18 but don't age well, and some only blossom when they're 30.

big herc represent

I'm in the process of closing on a house, getting the keys on the 4th next month

the worst crime you can commit in the "western" world is to be born not white

thronedfire2 posted...

why should they, though?

a professor just has to worry about the course and their students(minimally, at least)

a restaurant manager has to handling hiring, discipline, ordering, budgets, scheduling, dealing with customers, training employees, making sure everything is up to health codes, etc. and they actually make money for the franchise owner.

I literally flipped my opinion in the next post to the ire of CE intellectual elite

this is the topic that keeps on giving

IndorilGawain posted...

Lmfao

idk man ive been here for like 16 yrs and ur on an alt shitposting bc you've been banned again

there are plenty of people on CE making similar or more than i am btw

should a teacher be paid more, fuck yea, will they? probably fucking not, because an educated populace likes to imagine how the world could be :)

Derwood posted...

FYI, not all professors do research or publish.

I thought we were mainly talking about research institutions... do liberal arts schools even really apply here? then you're literally just a teacher and we all know how teachers are treated in capitalistic america

US should be mercenary like China... you publish in Nature or NeurIPS you get $10k straight up

you publish in the Region Journal of Poop Scoopers, well not doing anything meaningful are you

being elitist is surely a good look and makes people want to pay u more

i make 160k but ok

dawww, sorry if u feel like u should be paid more, the world isn't fair -- go be a general manger at Panda Express if you want to make more money, im sure its super easy for someone so smart

and again,,, we're talking about a middle-upper middle class profession,,, if you wanted to make money don't be a professor, take your phd and go to industry. if you want to be a professor, understand that you won't make industry money but your life will be much cushier

academics who have only ever lived on a campus: my work is super hard!!!!

people with some perspective: is it tho?