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| Favorite team: | Wake Forest  |
| Location: | |
| Biography: | |
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| Occupation: | |
| Number of Posts: | 46 |
| Registered on: | 6/16/2013 |
| Online Status: | Not Online |
Recent Posts
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re: Woman injects poopoo into husbands IV
Posted by Sigma_ on 1/31/14 at 2:12 pm
Her face looks like the Michael Meyers Halloween mask...
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re: Help with 10-Q Interpretation
Posted by Sigma_ on 1/30/14 at 6:02 am
[quote]Profit is an opinion. Cash is a fact.[/quote]Fair enough, but if there is a big growth in revenues and minimal change in operating cost, where did all of the operating cash go?
Is there anything obvious from the link I provided? I would have linked directly to each of the two pages, but wi...
re: Help with 10-Q Interpretation
Posted by Sigma_ on 1/29/14 at 11:05 pm
[quote]They probably lessened their credit standards and increased the length the buyer has to pay back at coupled with growth.[/quote]This is an oil and gas production company, so they don't sell directly to consumers.
What kind of expenses would they want to prepay?
Thanks for chiming in. ...
Help with 10-Q Interpretation
Posted by Sigma_ on 1/29/14 at 10:24 pm
Here is a link to the 10-Q in question ([link=(http://www.sec.gov/cgi-bin/viewer?action=view&cik=1343719&accession_number=0001144204-13-057572&xbrl_type=v#)]LINK[/link])
[i]Financial Statements --> Consolidated Statements of Income[/i] shows [b]$42.7 MM growth in quarterly Operating Income[/b] fr...
re: Opinions on Brooks Brothers Suits
Posted by Sigma_ on 12/31/13 at 8:19 pm
[quote]get a two button, 3 button was a 1990s mistake[/quote]Cool. That's the kind of stuff I need to know. I have a lot of strong points, but fashion isn't one of them. My current suit is black with very narrow pinstripes, probably $1000 when I got it, but I have been reading that dark gray or dark...
Opinions on Brooks Brothers Suits
Posted by Sigma_ on 12/31/13 at 1:38 pm
I have an interview coming up, but I don't typically wear suits except to weddings and funerals.
Does Brooks Brothers have good suits, and do they tailor them well? There is a location nearby, and I was thinking about getting a charcoal gray three-button suit.
Any thoughts? I am not much of a...
re: What do you do, and how much do you make?
Posted by Sigma_ on 10/3/13 at 4:54 pm
Yeah, the income is good right now. But if I can keep it up for another 4-5 years my plan is to downsize the stress, commute, workload and of course income. The kids won't be young forever and I am itching to put my career on cruise control. Half of the income would be fine with me. ...
re: What do you do, and how much do you make?
Posted by Sigma_ on 10/2/13 at 8:23 pm
Petro eng, private business, 12 yr exp
250-450k depending on variable pay...
re: What is your effective tax rate?
Posted by Sigma_ on 8/18/13 at 3:21 pm
State 0%
Federal 26% (AMT sucks)...
re: Net Worth at 30
Posted by Sigma_ on 7/31/13 at 4:31 pm
Both points are incorrect. It [u]is[/u] a liability and [u]does[/u] compute in the asset minus liability formula.
Why do you feel like 1 or 2 has to be correct? Maybe that is your hangup....
re: Net Worth at 30
Posted by Sigma_ on 7/31/13 at 3:57 pm
[img]http://24.media.tumblr.com/tumblr_m601f2Pnqg1rzpz9eo1_250.jpg[/img]
You seem to be hung up on "net worth excluding mortgage". Just drop that out of your head and the rest of it should make sense. ...
re: Net Worth at 30
Posted by Sigma_ on 7/30/13 at 6:47 pm
Zach, congrats on the outstanding Money Board trolling. This is the best one I can remember not related to bitcoins or life insurance.
and Liability = Applesauce, hope that clears it up
...
re: Estate Planning by Burying Stuff
Posted by Sigma_ on 7/29/13 at 11:05 pm
It's becoming all the rage...
[link=(http://www.dailymail.co.uk/news/article-2301839/Forrest-Fenn-Has-cancer-stricken-millionaire-REALLY-left-2m-buried-treasure-New-Mexico-mountains-Eccentric-Indiana-Jones-Santa-Fe-reveals-eleventh-clue-hunt-loot.html)]Old dude hides $2 billion buried treasure in...
re: Perfect Annual Salary?
Posted by Sigma_ on 7/29/13 at 10:06 pm
[quote]Same. But making 300k won't ever happen for me I'd think[/quote]Hey, don't despair.
If inflation accelerates at some point, it might just do the trick. You may even become a millionaire too....
re: Net Worth at 30
Posted by Sigma_ on 7/28/13 at 5:59 pm
The value of the house is an asset. Don't just include the mortgage as a liability.
Net Worth = Total Assets - Total Liabilities
Therefore the equity in your home is its contribution to your Net Worth, where
Home Equity = Home Value - Mortgage Balances...
re: Perfect Annual Salary?
Posted by Sigma_ on 7/28/13 at 1:03 pm
[quote]400k/yr is absolutely ridiculous if you need that to make you feel "happy"[/quote]
That wasn't the OP's question. I could be "happy" living in a one-bedroom apartment reading books and enjoying strolls through the park.
[quote]Something that you can live comfortably off of, have nice thi...
re: Perfect Annual Salary?
Posted by Sigma_ on 7/28/13 at 12:32 pm
I guess I was thinking 400k if you wanted to send two kids to private school and save 100k per year. Without that 250k would be a very comfortable place to be in life.
The question was about doing all of these nice things and not worrying about money. ...
re: Perfect Annual Salary?
Posted by Sigma_ on 7/28/13 at 12:16 pm
Probably making around $400k per year (including bonus) would be a comfortable place in life, without being so much that you would go crazy spending it....
re: Borrowing from your 401K
Posted by Sigma_ on 7/10/13 at 10:46 pm
[quote]quote:
Not exactly. You paid back your loan with after-tax dollars. That's a huge penalty.
Bingo[/quote]:lol:
I can almost see JPLSU's head exploding.
It reminds me of the South Park episode making fun of global warming where everyone keeps mindlessly repeating, "You can't go out th...
re: Borrowing from your 401K
Posted by Sigma_ on 7/10/13 at 7:22 pm
Good link, and the comments in there from Jon/Golfer/Bayou are more on target than those who are disagreeing...
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