Investing General Discussion
- Thread starter Furious
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Sanrith Descartes
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Have no fear. I am pretty sure we ca hit that level by Thursday's close.
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Sanrith Descartes
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I backed off when I realized I dont think its the second best semi and because I really need to watch my tech sector weight.
Sanrith Descartes
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PS.. Earnings season begins tomorrow. This could really add some gas to the fire if they suxxor.
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Sanrith Descartes
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Part of the challenge I am facing right now is nothing looks good to me. Not just price-wise, but company-wise. I own the stocks I like and my "possibilties" watchlist only has 3 or 4 items on it and im not 100% sold on any of them right now. It might be time to just buy more indexes.
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ShakyJake
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Kirun
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And my boss wondered why I told him I was going to start looking for a new job when he came it at a 3% raise on my performance review.
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Hateyou
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He will get that or more when he puts in his notice. It’s so hard to hire a good worker now. So we get shitty raises at work, or no raises like last year. People get an offer somewhere else, put in their two weeks, boom 10-20% raise. Then others hear about it and do the same. Even if they’re bottom feeder employees they’ll still get a big bump cause hiring is such a pita. Meanwhile people that perform well and like their job get nothing, so they’re just debating on actually leaving because they’re disgusted by it all.
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Sanrith Descartes
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Jysin
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Rangoth
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this just happened at my company exactly the same way.
Anyway for people who want ok premium on low cost weekly option poop stocks, MULN and TME are both fencing and I’ve done ok for 2-3 weeks. Just make sure to follow the downward spiral on sold options
I’ve made .25cents on them a few weeks in a row. I did this with GNUS for a while too.
Note that all 3 are shit stocks.
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Hateyou
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Yeah it’s been going on for even longer than 2021, we had a couple people a year doing it for the past 5-6 years. 2021 was just the first year everyone noticed they could do it too and they devastated the labor budget. Management just allowed it cause they’re terrified of having an open slot/interviewing because the market is god awful for hiring. In some cases if it’s a solid employee I say go for it. There were some they could have just said “ok bye” because they’re shit employees, and that would’ve sent the signal that it’s not a guaranteed raise. But nope, they sent the signal of “lol raises if you threaten to quit”
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It is human nature and part of the principal agent problem at most companies. If an employee threatens to leave most managers tend to oversell that employees worth because it is a huge PITA to the manager in particular to lose that employee and in the event the employee is lost anyway the manager can point to the lost employee as a high performer lost who is causing deliverables to slip. If the manager is just saying oh ya Joe is just a cog don't counter him then he better hope nothing slips or he is going to look dumb.
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I threatened to quit 4 times in the past 7 years (3 at previous employer over the course of 5.5 years, once at new employer 11 months in) and got a >15% raise each time, plus I actually did quit once to get a >60% base raise (but also switched to salary) when I switched employers. This is intop of the normal raises, which ranged from 5-8% annually.
Kirun
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Nope. He held firm at 3. It sucks, because I love my boss and my job, but I can't justify being underpaid 10-15k/year for my industry/job in Biden's economy anymore. I've been searching for the past 2ish weeks.