Thursday, October 22, 2009

a little nervous...

I'm in the 5th week of my furloughs. The "noise" coming from the company sr mgmt seems to be getting less negative. They are rumbling that the bottom of the cycle is near, however the rumors are flying that more furloughs are necessary next year (upto 10 weeks). So, I put our odds of one of us being laid off at ~50%. Spouse's job seems to be going well so far, she is in her 3rd week and she is making calls and doing software demos.

Before the 2nd layoff day at my place, I had my 3rd qtr PMP review. That seemed ironic considering what could have happened the next day. But my lead tried to put me at ease. He explained that our role will be changing some what next year. We may be doing more spec gathering and writing next year, as opposed to programming. I told him that was fine with me, but my sr peer may have issues with that. He only likes doing technical work. I feel better about my chances next year since the "pup" wasn't laid off either.

Spouse and I are busy moving her 401(k) to V. I think I have a reinvestment plan set up. She is getting an inheritance in the 4th quarter that we'll also need to invest. Being on furlough is causing me to spend more time than I should looking at our investments. The "instant-on" ability of the internet is dangerous that way. When I was constantly busy at WSU and Cargill, I let our investments go on overdrive. But, I think I have made some good choices the last two years to lower our tax liability and our costs. I'm debating on what to do with the new money. I may ask for some help. Not sure who to ask.....

It feels good to spend some money around the house. Our job situation has encouraged me to buy appliances, flooring, and countertops. We also have a couple of maintenance items (hot water tank and insect treatment) that I don't need to put off any longer.

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