Displaying articles with tag

Tax the rich

Posted by hank, Wed Oct 31 23:33:00 UTC 2007

It’s time to raise the taxes on the rich in this country. I can’t believe that Warren Buffett only pays 17.7% on his $46 million. Why am I stuck paying 20-30%? That’s stupid. I hope the next president realizes this and fights to lower taxes drastically for anyone making sub-upper-level-executive salaries.

I started trading options about a week ago, and made a little profit on Boeing. Redhat started taking off today, and I might buy a call on that. Watch Redhat!

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Radiohead's In Rainbows For However Much You'll Pay

Posted by hank, Thu Oct 11 23:17:00 UTC 2007

Radiohead made an album recently, and you can buy it for however much you type in. I spent $5 on it, and downloaded it immediately. It made me feel good. It’s too bad more artists don’t do this.

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Redhat looks exciting

Posted by hank, Mon Oct 08 12:54:00 UTC 2007

It looks like Redhat is about to rally

Stock up if it goes past $21! It could really zoom. The support is built up long term. I signed up for an options account with Scottrade today. It will allow me to:

  • Buy puts and calls to open
  • Write covered calls

It’s too bad they don’t offer naked put writing and selling to close. I would have liked to play the game of just trading pure options without ever exercising them.

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NKTR for the win!

Posted by hank, Sat Oct 06 00:48:00 UTC 2007

After looking through hundreds of stocks, I think I might check this one out:

It looks technically promising. We’ll see how that turns out.

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Doctors don't make as much as you think

Posted by hank, Sun Aug 26 23:33:00 UTC 2007

I found that after paying off medical school loans and paying malpractice insurance, and factoring in that most doctors don’t get vacation and work more hours per week than I do, it might not be worth the added years of schooling and the added stress unless you really love what you’re doing. Here are some calculations:

The Programmer

Assumptions

  • The average programmer makes around $70,000 mean salary while in the work force
  • They get a 2-week vacation
  • They work 40 hours per week for the remaining 50 weeks
  • They start working at 22 and retire at 59. (37 years of earnings)

? (70000 * 37)/(37*50*40.)
= 35.00

$35 per hour

This is assuming the programmer goes to a state school and has little or no debt. Ivy-leaguers might have some more issues.

The Doctor

Assumptions

  • The doctor makes around $135,000 per year
  • He/she works 50 hours per week (which can vary per specialty, but some are as high as 80-100 hours per week)
  • The doctor pays $20,000 in malpractice insurance per year
  • He/she has $120,000 in debt from medical school and plans to pay it off in 10 years at 5% interest (not compounding, but it’s negligible)
  • He/she has a residency of 4 years, making $40,000 per year
  • They start medical school at 22, finish at 26, are a resident until 29, and retire at 59. (30 years of good earnings)

Now, let’s make a nice huge equation for a doctor:


? ((135000*30) + (40000*4) - (20000*34) - (120000 + (120000 * 10 * .05)))/(34*52*50.)
= 37.90

$37.90 per hour

So, after all that hard work, all those stressful hours, all that worrying about job security (especially for anesthesiologists), in this case they would make about $3 more per hour. Now, I do realize that being a doctor isn’t all about money. This is just a warning for those who are misled by the high salaries. If you believe you would enjoy being a doctor, go for it! But, if you don’t think it’s right for you, you may consider other things that in the end pay just as well.

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Google Adsense has a new look

Posted by hank, Wed Apr 04 21:09:00 UTC 2007

I saw this on the old blog today:

New Google Ad Design

Hawt. I hope they change all my ads to look like that. Turns out they blogged about it here.

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FizzBuzz: The Ultimate Programmer Weed Out

Posted by hank, Tue Feb 27 14:56:00 UTC 2007

My solution to this problem:

(1..100).each do |i|
  puts i%3==0 && i%5==0 ? "FizzBuzz" : i%5==0 ? "Buzz" : i%3==0 ? "Fizz" : i
end

This should be trivial for just about any programmer. Took me 40 seconds or so.

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DDR Supernova

Posted by hardwarehank, Fri Jan 26 10:20:11 UTC 2007

So, as I was browsing Amazon today, I came across an interesting item. DDR Supernova is apparently the new Dance Dance Revolution game from Konami. You can buy the arcade game on Amazon, which is ridiculous, but browsing the comments led me to this gem:

I bought this for my daughter before her Prom so could she learn to dance, well worth the money!!!!! You should have seen her out there, she was even considered for Prom Queen!!!!

Now it’s in my basement and my son uses it all the time, he wants to be a backup dancer. I see it as an investment in his future.

OK, spending almost $20,000 so your daughter can learn to dance is sick. I really hope this is a joke, but I don’t think it is.

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Snowboarding

Posted by hardwarehank, Fri Jan 26 00:02:01 UTC 2007

Back a few years ago, I got a really sweet snowboard setup. Boo-box came out today, and to celebrate, I’m showcasing this thing.

It’s a really nice board (an Option brand to be exact). The picture was taken at Mt. Bachelor in Bend, OR. That was a fun day.

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