What do you do for a living?

FishGuyBri · Jan 28, 2017

Quality/ Regulatory compliance nurse. It's actually much more fun than it sounds

FishGuyBri · Jan 28, 2017

pgravis said:
Nurse on a burn trauma icu

Yay fellow nurses! I started in medical ICU, moved to corporate post-acute care.

re76 · Jan 28, 2017

Embedded Software Engineer. Mostly regulated medical devices.

Surfandturf · Jan 28, 2017

Griff said:
My advice to all of you is quit the hobby and start contributing that money to an IRA.

If you invest 200 a month at 5% after 10 years you will have over 30,000.

After 20 years roughly 82,000.

If you average 7% you'll be over 100k in 20 years.

One problem with your theory, I assume you are basing this on a 10yr S&P 500 average. Not all stocks have a "direct correlation" to the S&P 500. 7% is one of those things everyone throws out there, but it is not necessarily true. You also need to factor in market timing. Where in the "10 year cycle" are you getting in at? Where are you getting out. Lets just say that the average investor is lucky to hit 3-5% despite what the dude with the porshe on YouTube tells you. I will keep spending on my reef because it makes me happy and happiness contributes to longevity and quality of life.

FishGuyBri · Jan 28, 2017

Surfandturf said:
One problem with your theory, I assume you are basing this on a 10yr S&P 500 average. Not all stocks have a "direct correlation" to the S&P 500. 7% is one of those things everyone throws out there, but it is not necessarily true. You also need to factor in market timing. Where in the "10 year cycle" are you getting in at? Where are you getting out. Lets just say that the average investor is lucky to hit 3-5% despite what the dude with the porshe on YouTube tells you. I will keep spending on my reef because it makes me happy and happiness contributes to longevity and quality of life.

Sorry may be speaking out of turn but I took this with a tinge of sarcasm to speak to how expensive our hobby is, not that we will actually stop..

I'm sure we all would be saving tons of money if we switched to knitting.. haha

Kmore1219 · Jan 28, 2017

Work with Apple, the rest is classified

Adam113 · Jan 28, 2017

Griff said:
My advice to all of you is quit the hobby and start contributing that money to an IRA.

If you invest 200 a month at 5% after 10 years you will have over 30,000.

After 20 years roughly 82,000.

If you average 7% you'll be over 100k in 20 years.

And if you die tomorrow?

Adam113 · Jan 28, 2017

Griff said:
My advice to all of you is quit the hobby and start contributing that money to an IRA.

If you invest 200 a month at 5% after 10 years you will have over 30,000.

After 20 years roughly 82,000.

If you average 7% you'll be over 100k in 20 years.

And if you die tomorrow?

Don Lidtke · Jan 28, 2017

Retired sysadmin. My wife and I just moved to Utah after 36 years in Silicon Valley. Once the basement remodeling is done, the tank an fish room are my focus.

Nicolas_Brown · Jan 28, 2017

Service manager Ford/Chrysler dealership

15 years in automotive industry

MaddyP · Jan 28, 2017

Technical Specialist for an industrial tooling manufacturer. I support the aerospace industry in Los Angeles, working to improve manufacturing efficiency in CNC machining operations.

In other words, I show people how to run cnc machine tooling correctly.

Mrx7899 · Jan 28, 2017

Heavy equipment operator

sfmacguy · Jan 28, 2017

Disabled Vet (helicopter gunner), and have been doing IT/ operations for ad agencies and creative firms for the last 15 years.

cbear44 · Jan 28, 2017

physician (pediatrician)-scientist (physiology). I don't have time to pipette and do my own experiments anymore so this is my personal experiment!

Has chemistry, physiology, microbiology, and biology all mashed together. And looks great too!

BNR210 · Jan 28, 2017

H/R Manager for a construction company.

I'm pleasantly surprised to see so many Utah peps on here. There are so few lfs in Utah that I didn't think the hobby was that big here. [emoji16]

Griff · Jan 28, 2017

Surfandturf said:
One problem with your theory, I assume you are basing this on a 10yr S&P 500 average. Not all stocks have a "direct correlation" to the S&P 500. 7% is one of those things everyone throws out there, but it is not necessarily true. You also need to factor in market timing. Where in the "10 year cycle" are you getting in at? Where are you getting out. Lets just say that the average investor is lucky to hit 3-5% despite what the dude with the porshe on YouTube tells you. I will keep spending on my reef because it makes me happy and happiness contributes to longevity and quality of life.

Lol it was meant to be a joke obviously the market can vary. I was throwing out an example. I'm not getting rid of my reef anytime soon.

Griff · Jan 28, 2017

MacQac said:
Sorry may be speaking out of turn but I took this with a tinge of sarcasm to speak to how expensive our hobby is, not that we will actually stop.. I'm sure we all would be saving tons of money if we switched to knitting.. haha

Thanks for taking this as intended

Mark Gray · Jan 28, 2017

Service Engineer I travel around and fix things

Deaf clown · Jan 28, 2017

Was a warehouse worker at a Target distribution center when I first got into the hobby. I recently switched jobs and now I'm a truck loader for a chemical company called Hydrite.