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lynxcat
Favorite team: | Rutgers |
Location: | |
Biography: | |
Interests: | |
Occupation: | |
Number of Posts: | 24184 |
Registered on: | 1/26/2008 |
Online Status: | Not Online |
Recent Posts
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re: One dead 30 injured on London-Singapore flight
Posted by lynxcat on 5/21/24 at 8:21 am
Physics isn’t something I expect the average plane traveler to understand very well. This is why you have to keep your seatbelt engaged…even when the seatbelt sign is off it’s not worth the risk of unexpected turbulence tossing you into the ceiling. ...
re: It's sad seeing millennials talk so gracefully about not having kids...
Posted by lynxcat on 5/20/24 at 9:01 pm
[quote]They're suiciding a bloodline that had to defy all odds just to get them here.[/quote]
On that fact alone, people should at least consider children. Literal thousands of generations to get to your existence and it ends with you. ...
re: Dow above 40,000. Are you doing anything different?
Posted by lynxcat on 5/20/24 at 8:55 am
To the OP question in title. No change. ...
re: New Luggage
Posted by lynxcat on 5/19/24 at 10:08 pm
I have Tumi and Travel Pro. Travel Pro is my go to for quality, reasonably priced luggage. I have a Tumi backpack that will outlive me. ...
re: Chelsea 2023/24 Season-Long Thread: We’re Toast
Posted by lynxcat on 5/19/24 at 8:54 pm
Nkunku is the wildcard for next year. He’s better than Jackson. ...
re: Timberwolves @ Nuggets - Game 7 - NBA
Posted by lynxcat on 5/19/24 at 8:52 pm
Don’t think they can?...
re: Chelsea 2023/24 Season-Long Thread: We’re Toast
Posted by lynxcat on 5/19/24 at 3:42 pm
[quote]Between Nkuku and Jackson, I’m comfortable at forward for now.
[/quote]
Jackson is a backup, midweek guy...you don't win championships with Jackson leading the line.
Fofana has been perpetually injured...had forgotten he was on the team. Same for Lavia in the midfield. ...
re: Chelsea 2023/24 Season-Long Thread: We’re Toast
Posted by lynxcat on 5/19/24 at 12:47 pm
Have you forgotten our lack of an actual striker?...
re: Anyone retire early early?
Posted by lynxcat on 5/19/24 at 7:39 am
[quote]My wife and I will almost certainly be w2 our whole careers and I’m retiring around 50ish with a nearly 8 figure port assuming 7% CAGR. Two professionals can easily hit FI early if they both work and are reasonably disciplined.[/quote]
I ran a quick model assuming current savings rate if...
re: Anyone retire early early?
Posted by lynxcat on 5/19/24 at 7:32 am
[quote]The Rev Tooncinator[/quote]
Kind of an odd post. All that to say you wish you hadn’t had kids in your mid to late twenties and instead built wealth to have said kids in your 40s?
On your W2 comment, marker for when generational wealth begins?...
re: Anyone have a trust fund or receive money from parents?
Posted by lynxcat on 5/18/24 at 7:28 am
[quote]DiamondDog[/quote]
Why wait until you die? The money is more useful to them now. ...
re: What would you rate yourself, looks wise, on a scale of 1-10?
Posted by lynxcat on 5/17/24 at 5:41 pm
Go look at your significant other and rate that individual. That’s probably what you are plus or minus 1. ...
re: Anyone have a trust fund or receive money from parents?
Posted by lynxcat on 5/17/24 at 5:38 pm
I’ve got awhile until it becomes a real decision but I’ve already decided I will actively help my children financially while I am alive. Waiting until I die and they are older (hopefully) when they don’t really need the financial assistance is an antiquated approach.
I’ll do everything I can to ...
re: Chief's Harrison Butker delivers an unforgettable commencement address
Posted by lynxcat on 5/17/24 at 9:27 am
That’s an opinion article. ...
re: Former Starbucks CEO says company needs to refocus on coffee as sales struggle
Posted by lynxcat on 5/17/24 at 8:38 am
[quote]It’s undrinkable. It tastes like burnt toast.
The thing that I will give Starbucks credit for is that they forced other coffee sellers and even gas stations to up their coffee game. I have multiple local coffee shops around me that are outstanding.
The coffee at a Buccees or a flying J ...
re: How did most C-Suite Execs get to that position?
Posted by lynxcat on 5/15/24 at 9:57 am
[quote]That's nearly impossible. I've never seen one guy in their early 30s in a regional/global role beyond corporate office. Most of those guys are Sr. Managers and 40ish at absolute best.
[/quote]
To be more specific, I'll define 'middle management' as Director (sometimes Sr Director dependin...
re: How did most C-Suite Execs get to that position?
Posted by lynxcat on 5/15/24 at 12:30 am
I interact with senior leaders daily. I’ll boil it down to trust, dependability, communication & storytelling.
In terms of actually getting up the ladder, tremendous about of luck and happenstance…preparation meeting opportunity.
For large public companies, one dimension that I think gets ov...
re: Anyone retire early early?
Posted by lynxcat on 5/14/24 at 11:58 pm
Yes in absolute dollars needed to be saved.
Taxable brokerage account in addition to those is also required to bridge early retirement before some retirement vehicles can be accessed. Tax strategy is critically important, especially in an early retirement scenario. Without the taxable brokerage,...
re: Anyone retire early early?
Posted by lynxcat on 5/14/24 at 10:36 pm
Couple where each earn around $200K can really start stacking the savings, especially once you have a nest egg working for you.
Charlie Munger had the quote of “do whatever it takes to get $100K in savings”…how large number compound on one another is the key, especially if you can hit that as ea...
re: Anyone retire early early?
Posted by lynxcat on 5/14/24 at 7:01 am
[quote]I can only think of a handful of careers where someone could truly retire at 40-50 and have had a family.[/quote]
Dual income with both earning a high wage
Own and subsequently sell a business
High Finance, consulting, partner track in audit/tax/law
Leadership ranks at F500 (VP+)
Sales...
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