I'm 17. I have $25000 in a savings account and I make $300 (10 hours a week) a week. How do I make my money make money? (Canada)

ilikeboobiesALOT · 18 days

I agree with this until/if you eventually want to move out of development and into management. Many companies would prefer that their management staff (who are frequently expected to understand the underlying business on top of the technology that helps operate it) have degrees. If you feel you'd be happy writing software your entire career or are entrepreneurial enough to start your own shop, by all means, but you may wind up pigeonholing yourself in corporate America w/o a degree.

Source: I'm the only development manager in my company (out of 20 or so) without a degree. I'm lucky.

sol1 · 25 days

We missed the cheetahs unfortunately. We only had about 4 hours and the caravan took up 2 1/2 of that. Next time!

Di77osd · 1 month

elgrifo is correct, you won't be eligible for any tax deductions for contributions to the IRA. The 401k is all still pre-tax money, so depending on the investment options you have with the 401k I'd either put more there or open a Roth. You should certainly take advantage of the matching fro your company.

sol1 · 1 month

It is (was?) a site that would help you balance your investments with regard to expected returns vs. volatility. You plugged in your portfolio and it would analyze your investments based on company size, valuation, volatility, etc., and suggest how to best optimize the shares across your investments (i.e. "sell 1/2 of X and reinvest it in Y"). I hadn't used it for long, but it was a good tool and I'm bummed to see it down, now for the 4th day straight.

StimulantX · 2 months

I just picked up The Moral Landscape a couple of days ago but haven't gotten around to reading it yet and, frankly, don't know much about Sam. I'm from San Diego but am in town solo for a couple of weeks. If you don't get any other takers let me know. I'd love to tag along.

OwlSinger189 · 2 months

Actually it's "Hey is for horses, not for me. Straw is cheaper and grass is free."

selkies · 3 months

This man has no unibrow! ಠ_ಠ

myopinionstinks · 3 months

Nice job! I like the shape of the trunk a lot and you've done a really nice job developing the canopy. I'm curious about the bare branch you've left below. Are you expecting that to bud back out? I don't think you can jin a holly...

sol1 · 3 months

Hey MFA! I was in SF last weekend and stopped by Self Edge for my first pair of raw denim. What an awesome store of helpful guys (though they make me feel old calling me "sir", lol)! I wound up with the house brand denim. I love the fit but am conflicted over the amount of stacking. Should I have them taken up a bit?

alpacastare · 3 months

Oxymoron is derived from the latin words oxy and moros, meaning sharp and dull respectively. The word itself is an oxymoron!

iarcfsil · 3 months

If the shares are in company stock and were purchased via an Employee Stock Purchase Program (ESPP, which it sounds like they are), it's just like holding stock in any publicly traded company. You can sell the shares if they've reached a level you're comfortable with or if you think the company won't continue to grow, or leave them there as a longer term investment if you think they'll go up. How has the company performed over the last 6-12 months?

You will have to pay capital gains tax on any increase in value since you bought the shares, but that shouldn't be astronomical with the amount you have invested.

If you think the shares have peaked, I would suggest selling them, withdrawing the money and investing it in a Roth IRA unless you have immediate need for the cash.

sol1 · 3 months

Taken!

sol1 · 3 months

Thank you. We're all pretty good-hearted people. Dad made us that way. :)

sol1 · 3 months

He's healthy as an ox (he runs 5mi, 4 times a week - seriously, at 82) and loves to tell us that "Last year I went to the doctor and he told me I had the body of a 63 year old. This year it was 62!" But he's concerned about unexpected health issues. It's a huge source of anxiety apparently (I haven't spoken to him about it yet) and nobody knows why that number is so important.

$500 doesn't cover his monthly expenses. He has $1100 for rent, gas and electric, car insurance, gas, food, etc. And given his health and some pretty incredible longevity on his side of the family, we're hoping he'll be around at least until 90 (and quite possibly longer).

sol1 · 3 months

Couldn't agree with you more. I'm the only one of the kids that doesn't have a family to support (yet!), and am happy to shoulder a lot of the cost. Now I just need to get going on the family so my kids can meet their grandfather (something I never had).

sol1 · 3 months

I mentioned this in another response, but my sister owns the condo that he's living in and she and my brother split the difference between what my dad pays her and the market value (about $700/mo). They're the only ones that have been providing him any kind of financial assistance so far. It's time for the rest of us to get involved and distribute the load. He'll be fine from a housing perspective for a long time. It's the incidentals that he's going to have trouble with. He's been bundling up instead of turning on the heater (CA, not MN, but it still gets chilly in the bay area) and cancelling magazine subscriptions he's had for decades (which is heartbreaking - he loves a few of them) trying to frugal his way out of this situation, but the housing for now is stable.

sol1 · 3 months

Thanks for the thoughtful reply. Part of the problem is that I'm trying to voice the perspectives of all of my siblings to paint a more complete picture, but also to get input that may help one of them but not necessarily me.

I'm more than happy to help him out with whatever he needs that I can supply (financially or otherwise). He's my dad! And you're right, he's given me so much and put up with so much of my shit, lol, that I don't have any problem doing whatever I can do to ensure that he's not only eating well and taking care of his health, but that he's enjoying his twilight years.

The monthly deficit isn't astronomical. It's something that we can cover. He has his own condo that my older sister owns and rents to him at about half market value, the difference of which is split between her and my brother. They're comfortable continuing to subsidize his home and he's only a few miles from my sister.

My oldest brother is taking a much more business-like approach to it than the rest of us. He wants to track the contributions, have monthly phone calls (would be visits if my younger sister and I weren't 500+ mi away) to discuss what addt'l expenditures there may be, how he's spending the money he's getting, etc. I think that's going to add a level of anxiety and stress that my dad doesn't need at his age (or any other for that matter).

Regardless, bailout was a really bad word to use here. That's not where I personally am coming from.

Hole_In_My_Brain · 4 months

Went up to SF to visit my 82 year old father. While I'm there "Hey sol, can you see why my computer is running so slow?". Open Chrome and it remembers the 8 or so porn sites he had visited last while he was looking over my shoulder. To save an awkward conversation, I minimized Chrome, opened task manager and killed the task, told him that his computer seemed really screwed and asked him to get me a beer while I "saw what was up." LOL

My first thought: Go Pops!

ajdecon · 4 months

I would recommend against every other day watering. Watering in a schedule is generally a bad idea, especially for people new to bonsai. My trees are only requiring watering every 5 or 6 days right now due to the weather and less intense sunlight. Instead you should water when the top 1/2" of the soil feels dry (stick your finger in it).

sol1

TROPHY CASE

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