[HappynHealthy]

Going above and beyond a " job description" without being asked can reward a person far more than $$$ can buy. It becomes one's own personal satisfaction and gives one chances to mentor others to develop great work ethics.

[demas]

Tech Risk & Regulatory management at an International Wall Street firm. Absolutely hate it. Recently purchased an E82 6MT to de-stress. Was in IT Infrastructure management for 25 years prior.

Own a real estate agency on the side renting to service members in Okinawa and Yokosuka.

If you need a place near Kadena, Foster, Zama or Yokosuka - look me up. Also, thanks for your service and all you do.

[infinitekidM2C]

lawyer

free legal advice to all comers

[its55]

RETIRED!

[Silent540]

Mortgage guru, been at it for 20 years.

[OkieSnuffBox]

Originally Posted by HappynHealthy

Going above and beyond a " job description" without being asked can reward a person far more than $$$ can buy. It becomes one's own personal satisfaction and gives one chances to mentor others to develop great work ethics.

I don't have a job for some sense of moral satisfaction. I have a job to earn money. Period.

In the words of Peter Gibbons from Office Space:

Peter Gibbons : The thing is, Bob, it's not that I'm lazy, it's that I just don't care.
Bob Porter : Don't... don't care?
Peter Gibbons : It's a problem of motivation, all right? Now if I work my ass off and Initech ships a few extra units, I don't see another dime, so where's the motivation?

If some people are happy doing more work and not being rewarded, good for them. I do go above and beyond, and I'm rewarded. I've now received two raises and more RSU's during the pandemic.

If I hadn't, I wouldn't keep doing it.

[x3sm]

Originally Posted by Silent540

Mortgage guru, been at it for 20 years.

Since you been at it through the ups and downs, what do you think will happen in the next 1-2 years to rates?

I'm in Real Estate btw!

[curd]

Originally Posted by x3sm

Since you been at it through the ups and downs, what do you think will happen in the next 1-2 years to rates?

I'm in Real Estate btw!

Likely a stabilization at some point within the next 6 months or so. 10 year treasury note is still trending downward after all of the pressures. Inflation has remained relatively static the last 2 months or so & the rest of the market is still relatively healthy in all other aspects.

The bigger question is, how will this strong dollar affect the global market as a whole? Even with the higher interest rates - we are relatively insulated here in the states.

I'm also a Real Estate broker & team leader here in the Chicago area. Have really been pivoting to the investment & development side here though.

[Triple Seven]

3D animator, work on major video games.

[Silent540]

Originally Posted by x3sm

Since you been at it through the ups and downs, what do you think will happen in the next 1-2 years to rates?

I'm in Real Estate btw!

Here's my take

2022 closeout -
The rate increase is doing exactly what it was intended for. Its lowering the housing prices. Feds want to do 1 more raise before the end of the year just for the icing on the cake. However houses will not make up for the rate spike because its a long term play.

2023
Rates should drop back into the 6's and hang out there. House prices will subsude a little more maybe 5% lower. But thats where they will hang out, 2023 will set a new norm.

2024 is when we will see rates dip back into the 5's and 4's since its presidential election year. Both sides will claim they pushed the fed to help the economy and drop the rates back to get votes.

Obviously this is an over simplied version of it. Considering job markets are changing, the economy is in the trash and inflation is running wild. That wildcard could also push the feds to lower faster, and then back down the rollercoaster we go.

[Silent540]

Originally Posted by curd

Likely a stabilization at some point within the next 6 months or so. 10 year treasury note is still trending downward after all of the pressures. Inflation has remained relatively static the last 2 months or so & the rest of the market is still relatively healthy in all other aspects.

The bigger question is, how will this strong dollar affect the global market as a whole? Even with the higher interest rates - we are relatively insulated here in the states.

I'm also a Real Estate broker & team leader here in the Chicago area. Have really been pivoting to the investment & development side here though.

What team do you run here in Chicago? (Im chicago local as well)

[ipso_facto]

Originally Posted by OkieSnuffBox

I don't have a job for some sense of moral satisfaction. I have a job to earn money. Period.
…
If I hadn't, I wouldn't keep doing it.

Hey. What happened with the AWS gig?

[2022M550i]

Retired operations executive. Managed business operations, data management/business intelligence, applications development, enterprise architecture, vendor management, call centers, appeals and grievance, insurance claims processing/audit, inpatient hospital overpayment recoveries. I always marched to my own beat, never kissed ass, no regrets...and don't call me Francis.

[OkieSnuffBox]

Originally Posted by ipso_facto

Hey. What happened with the AWS gig?

Oh made it through 3 rounds of interviews, than told me I was no longer in the running. They also don't provide any feedback on why. But told me to continue to apply for things in the future, we enjoyed getting to meet, you blah blah blah.

I've had a couple of other fruitless interviews. But I did get a raise again (it's VERY unusual for Oracle to hand out raises in back-to-back years) so I still have my eye open, but I'm not too worried about it.

Especially since my position is pretty secure and who knows what the next 18 months are going to bring for the economy.

BTW, thanks for asking!

[HXS]

Licensed drug dealer

[pinoykid1307]

CyberSecurity for a law firm in Los Angeles.

But I really just tell lawyers to restart their computers.

[Jimmy K]

Dentist. I work in the mouth-hole. Sometimes it smells worse than the other hole. You MF'ers need to floss more. Lol

[spazzyfry123]

Originally Posted by Silent540

Here's my take

2022 closeout -
The rate increase is doing exactly what it was intended for. Its lowering the housing prices. Feds want to do 1 more raise before the end of the year just for the icing on the cake. However houses will not make up for the rate spike because its a long term play.

2023
Rates should drop back into the 6's and hang out there. House prices will subsude a little more maybe 5% lower. But thats where they will hang out, 2023 will set a new norm.

2024 is when we will see rates dip back into the 5's and 4's since its presidential election year. Both sides will claim they pushed the fed to help the economy and drop the rates back to get votes.

Obviously this is an over simplied version of it. Considering job markets are changing, the economy is in the trash and inflation is running wild. That wildcard could also push the feds to lower faster, and then back down the rollercoaster we go.

Disappointing to see your predictions on rates.

I'm in a good, but goofy slot. New job pays for relocation which is inclusive of closing costs, commissions, taxes, etc on both the selling side and the purchasing side as well as all moving and a lump sum. While it's a heck of a package, I'm locked into buying with a rate effectively double of where I currently am with the hopes to refinance at ?? date and home prices which are still bananas. I could rent, but then I lose out on a chunk of the benefits.

[Silent540]

Originally Posted by spazzyfry123

Disappointing to see your predictions on rates.

I'm in a good, but goofy slot. New job pays for relocation which is inclusive of closing costs, commissions, taxes, etc on both the selling side and the purchasing side as well as all moving and a lump sum. While it's a heck of a package, I'm locked into buying with a rate effectively double of where I currently am with the hopes to refinance at ?? date and home prices which are still bananas. I could rent, but then I lose out on a chunk of the benefits.

So honestly I wouldn't worry to much about that because the rates will eventually subside. Think of it like a bandaid situation. Buy down options aren't worth it, because you won't recapture the cost most of the time

[ggunn9]

Retired Military (USAF) paralegal

Currently working in the U.S. Federal Court system

[Suds]

Mechanical Engineer, ME Manager. Backing out of the game for some consulting work after 41 years in the engineering game. I turned 64 Jahre yesterday.

I can design some shit for you, but I might need to charge you to fix it.

[GarySL]

Botanist & wildlife biologist (retired, but do respond to the office's desperate calls):
wife is a watercolor artist, daughter #1 is a maternity nurse in Santa Barbara, daughter #2 is a speech therapist in Newport OR, daughter #3 is a staff consultant for OR Division of Public Health.