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advice and tips kids

Life is fragile

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Last Friday evening, when I was at a gathering at Shack, for a fundraising event my daughter’s school association (usually called parent teacher organization or PTO in other schools), with auction and beer/food etc. I was talking to a dad, since his kid is same grade as my daughter. I said “I know your wife too”. Then suddenly he said his wife passed away. I did not know. That reminds me of couple other parents’ passing for the same grade kids, due to various reasons.

I had my daughter was I was 39, and she is 7 years old now. I think I am at the older side of my cohort parents (parents of kids at my daughter’s grade). And when I heard this type of news from my daughter’s mouth in last few instances, I felt very sad for the affected kids and families. Once I told my daughter: give the kid a lot of hugs. She said she won’t mention the passing parent to the kid. Yes that’s a good idea too.

Our younger one is only 3, and she could not quite understand the concept of “death” yet. She thinks she will live with us forever. I hope we can live with our kids as long as possible/practical *don’t want to be a burden to them when the day comes 🙁

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401k and Personal Finance

Personal finance quiz

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Saw some good personal finance quiz recently.

70 percent of Americans can’t answer these 3 basic money questions

Pop Quiz: Test Your Knowledge of Personal Finance

Rutgers personal health and finance quiz

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401k and Personal Finance

Change of job: what to do with the savings in the 401k plan

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(Update 17-Apr-2019) I recently changed job again and also did some adjustments on old 401k, after leaving much of them alone since 2009. I did moved some money from small 401k to an IRA account (those employers asked me to move the money out). I made some mistakes during the IRA investing, and was reluctant to move the money if an employer would let me leave the money there. But recently I found out this “overly passive approach” is not helping me for long run.

(Original 01-Jul-2017) I talked a bit on this topic in the past (see a post here). The one thing I may add is: I didn’t do very well in most the IRA (self management, mostly buy / sell stocks in the small scottrade IRA account). The value mostly bounced back since I bought the Huntsman (NYSE:HUN) in last couple years, but I lost quite a bit trading the coal stocks (and Palm stock) back in those days. So I decided to put money into Vanguard funds (and IRA account) in 2014 when the old 401 plan asked me to move my money (I worked on a contractor job in part of 2013, for 7 months).

Today I received a letter from my old employer Arch Coal, the director of benefits about change of the asset manager for the 401k plan. Note Arch Coal went through a bankruptcy in last few years, also note bankruptcy alone has no effect on employee’s 401k plan (the money is separate). But I did compare arch coal’s 401k plan performance vs the Mercy plan (managed by Fidelity, the No. 1 or 2 asset manager), and Arch’s performance is not as good. So this is something I will think about: 1) roll it over to my current employer; 2) roll it over to Vanguard; 3) leave it as is (the new manager is transamerica).

I have not decided it yet. Still thinking…

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iPhone app

Stay away from work over weekend

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My older daughter just finish 1st grade. One thing I learned is first graders do have some homework, at the same time they usually don’t have homework over the weekend (Friday, Saturday and Sunday). In other words, homework usually won’t be assigned out on Friday and due to Monday. This is something I like to talk about it today. Over the years I worked professionally, mostly for employers, I did encounter tight deadlines or last minute assignment which means I have to work or “hinted to work” over weekend and holidays. I recall in some scenarios we need to come into office and work. There is the line I want to draw: don’t commit to it if all at possible. In fact this is mostly a sign of bad management or planning when at Friday afternoon, the boss (project manager, someone who manages our work) came in, and say something needs to be done that urgently, and we need to work non-stop over Friday evening or Saturday, or even Sunday. This is both non-sense and counter productive.

We as knowledge workers usually don’t completely stop working even after normal work hours, sometimes we will (I know I do) think about the technical issues on the way from work to home, and sometimes we recall something like “ah, I may have done something wrong there, I will go back and fix it”. In fact I did something like that in my early career. Some other times, we monitor a long run job at home, or we test out new ideas coding on a company laptop. But we need break as human beings. Force us to work over weekend basically took away that, not to mention people who have families.

The downside of mandatory “overtime” in weekend (esp. coming to office) is that the workers never get rest in a normal weekend, thus hurting the productivity in the following week. In the example I gave earlier (the supervisor asked us to show up for work), looking back I think even him did not believe by coming in work on Saturday we will complete the project on time. This is mostly a show from management side, to let the upper management know that we are working hard. One of the dumbest thing I saw in my 17 years professional life.

On the positive side, I do have a few successful stories where I worked or thinking hard on a problem, and was able to solve a critical problems, all on a voluntary bases (nobody told me to come to office, I understand the urgency of the issue).

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Uncategorized

A quick summary of Uber offers

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Chase (link here): First two rides = 50% off (up to $15 per ride). Use your Chase card to sign up for a new Uber account, enter promo code CHASE50, and take your first two rides by 7/31/17

SPG (Starwood preferred guest): this is target offer. I got it in the email, quoted below:

Get started with Uber. Enter promo code SPG2017 during sign-up or on the Uber app “Payment” page, and you’ll enjoy your first ride for free (up to US$20*). Offer valid through March 1, 2018.

Amex Platinum (“How to Get $200 in Uber Credits From Your Amex Platinum Card” by TPG): I don’t have the Amex Platinum.

Note I live St. Louis, in which Uber has not grown popular yet. But I plan to take it sometime this winter.

Categories
advice and tips finance Fun

A few small app or card offers

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Amex: Amex Offers has a Quiktrip in store (order via QT app) off $5 offer, can be used twice. And the Amex offer appears only available via the Amex app too. So basically you should install the Amex app, check if there are offers, add them if yes. Then install the QT app. The food items in QT actually are the best in gas stations (they actually have a kitchen 🙂 Tried today: the philly cheese stake and chicken flat bread. Total $7 (tax included, minus $5 makes it $2). Plus a large drink which is about $1.50 separately.

Chase Pay order ahead $5 off (first use): similar to the QT app, except in the case of Chase, they have a lot more restaurants, subway seems is the most popular (most stores), but I tried chick fil a, which I have not eaten for a while. You will also need to install Chase Pay app. Note I includes the links to iTunes app store here.

Last but not least, the Panera is offering $10 bonus card if one purchases $50 gift/egift card. I already got one, and plan to get another one (I am not too greedy since sometimes it takes time and effort to track down e-gift cards). 🙂

Categories
iPhone app

Apple TV 4th gen – initial impression

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I finally decided to upgrade to the 4th gen Apple TV, which I had it as a developer kit about 2 years ago. I had not used it as the gen 2 Apple TV worked out fine mostly of the time, until recently it appears “play on Apple TV” feature did not work well on my old iPad mini (it could be caused by the old router too, oh well, I will replace it one at a time). I recall last time (a year ago) when I tried to use it, the TV comes as dev kit was locked, so I went ahead and did the “restore” in iTunes first. After that the setup was fairly smooth, it seems the main improvement over gen 2 was the voice recognition (Siri) and touch control (the touch control is not as precise as the four way control in the old remote in one case though).

Installed PBS kids app, and the screen saver looks new! Over the weekend I bought some TV from iTunes store (peppa pig, for younger daughter). It showed up fairly quickly on Apple TV.

Now the next step is for me to find the box for the old gen 2 and post it on eBay.

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advice and tips finance Uncategorized

Redeem airline miles

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Dumb mistakes using airline miles

1) Let it expire;

2) Spend it on hotels,

3) Let myself be the redeemer instead of my old daughter Serenity. Later found out I cannot add my younger daughter (<2) as lap child (the mile redeemed ticket does not have that privilege).

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iPhone app

Some thoughts on United Airlines and the industry in general

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Over the years I have rode quite a few United Air on my trips from US to China. Amid the most recent incident on the UA (warning: the video may not be suitable for little kids), I am thinking of a few UA trips I took, such as this one on March 2007, which worked out ok. Another trip (Summer 2002), which is also my first UA flight, was also eventful. The UA857 (from SFO to PVG) was spotted some fire (presumably under the wing, per some passenger) during the take-off. The plane had to drop most of the fuel above the sea, and turn back to SFO. And we had to reboard another plan to PVG. Here are some of the pictures of the plane releasing the fuel. I recall one flight attendant specially mentioned how much weight was the fuel, and the unit price of fuel, I calculated it was about $350,000 worth of the fuel.

UA867_July2002_4

UA867_July2002_1

plane2

Fast forward, the industry had another meltdown during the financial crisis, and has since come back. The regional carriers, such as the one had the incident on Sunday night, was never the money maker. In fact, I recall in year 2009 (Colgan 3407) there was an fatal accident on a flight from NYC to Buffalo NY. And I learned from that accident that those regional carrier’s pilots are not really well paid or trained. This combined with my observations of over the years, when the airlines tries to charge the baggage fees, and on those regional flights, people would just check in the baggages at the gate (to save the money). Then at the destination, esp. when during winter time, you will see a long line of people picking up the luggages. It just feels America is a 3rd world country at that time.

Last but not the least, my friend Wang Jianshuo wrote on similar topic almost 10 years ago.

Categories
advice and tips

Colleges cultivate work ethic

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Deep Springs College: I heard about the college first time today. Apparently this is a very small college (26 students enrollment per Wiki). But they emphasize work (labor), the college is free. All male for now until the lawsuit can be settled.

College of the Ozarks: I knew this college a while ago, and I heard about it in the news on their “absolutely no alcohol policy” (even off campus). It’s a christian college, and the Berea college below is similar in this aspect.

Berea College: in Kentucky instead of Missouri, similar size as CoFo above, about 1,600 students. Both CoFo and Berea require students to work, and the tuition is waived. It looks like there are at least 7 work colleges in the US. Quote: “Each student receives a tuition scholarship worth nearly $100,000 for four years.
The College is one of only seven federally recognized Work Colleges in the United States…”