"The market can remain irrational longer than you can remain solvant." - Keynes
"Be fearful when others are greedy, and greedy when others are fearful." - Buffett
"Arrogance lowers IQ."
Saturday, September 17, 2011
Spouse gets a raise....
Where we're at:
DJIA 11,509.09
S&P 500 1,216.01
10-Yr T-Note 2.08%
s&p P/E: 20.9
VIX: 30.98
equity: 29
bond: 31
cash: 40
1 yr: 6%
Spouse had her first review since she changed companies in 2009 (layoff), it went well. She received a raise. I'm very proud of how she picked herself up off the ground, dusted herself off, worked her network, and found a job without a gap in employment. I'm about 6 weeks away from feeling like I'll vest. The mood still seems ok, not great but not overly depressing. The company continues to 'leak' employees away from all areas without replacing them. It probably makes those of us who hang around, a bit more secure. Our team has a new manager, a director no less. The person we worked for is now a peer, although without any change in grade or pay (probably). We think he'll like that better.
The market had 5 up days, the consensus this week is that Europe won't disintegrate and the Euro may survive, so the 'risk trade' is back on. I managed to put some more money in junk bonds last week, slowly building a position to keep for awhile. We're also going to max out the HSA to save for future expenses. We'll probably start on our bathroom remodel in late September or early October. Dice seems to have more tech jobs, I hope that is a good sign.
DJIA 11,509.09
S&P 500 1,216.01
10-Yr T-Note 2.08%
s&p P/E: 20.9
VIX: 30.98
equity: 29
bond: 31
cash: 40
1 yr: 6%
Spouse had her first review since she changed companies in 2009 (layoff), it went well. She received a raise. I'm very proud of how she picked herself up off the ground, dusted herself off, worked her network, and found a job without a gap in employment. I'm about 6 weeks away from feeling like I'll vest. The mood still seems ok, not great but not overly depressing. The company continues to 'leak' employees away from all areas without replacing them. It probably makes those of us who hang around, a bit more secure. Our team has a new manager, a director no less. The person we worked for is now a peer, although without any change in grade or pay (probably). We think he'll like that better.
The market had 5 up days, the consensus this week is that Europe won't disintegrate and the Euro may survive, so the 'risk trade' is back on. I managed to put some more money in junk bonds last week, slowly building a position to keep for awhile. We're also going to max out the HSA to save for future expenses. We'll probably start on our bathroom remodel in late September or early October. Dice seems to have more tech jobs, I hope that is a good sign.
Sunday, September 04, 2011
Birthday....
Where we're at:
dow: 11,240.26
S&P: 1,173.97
10yr: 1.99%
VIX: 33.92
s&p P/E: 20.18
equity: 29
bonds: 31
cash: 39
1 yr: 4%
Work group peer announced that he needs surgery on his neck, probably in September. So, I'll be solo for a few weeks. The jerk in me thinks that this may keep me from being laid off, but who knows with this place. I think he is nervous about the surgery and what happens while he is gone. Another month-end coming up, we'll see if the numbers get any better. It really is a slow slog out of the this mess.
Another IT employee left in the last two weeks, unoffically, I think that hits my prediction of 10, which includes the TLP people who moved on. Yet we continue to post new jobs (not IT) and staff offshore people and contractors. I think the analysts are waiting for the Oct conference to decide whether we're 'for real' this year.
dow: 11,240.26
S&P: 1,173.97
10yr: 1.99%
VIX: 33.92
s&p P/E: 20.18
equity: 29
bonds: 31
cash: 39
1 yr: 4%
Work group peer announced that he needs surgery on his neck, probably in September. So, I'll be solo for a few weeks. The jerk in me thinks that this may keep me from being laid off, but who knows with this place. I think he is nervous about the surgery and what happens while he is gone. Another month-end coming up, we'll see if the numbers get any better. It really is a slow slog out of the this mess.
Another IT employee left in the last two weeks, unoffically, I think that hits my prediction of 10, which includes the TLP people who moved on. Yet we continue to post new jobs (not IT) and staff offshore people and contractors. I think the analysts are waiting for the Oct conference to decide whether we're 'for real' this year.
Subscribe to:
Posts (Atom)
