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Ivory

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  • Content Count

    50
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About Ivory

  • Rank
    Project Engineer

Previous Fields

  • Engineering Field
    Power
  • License
    EIT
  • Discipline
    Electrical
  1. My pencils and pens will soon join my slide ruler sitting gathering dust. There are some schools that have stopped teaching kids how to write. I wonder how many teenagers are unable to sign their name on a driver's license permit application. I can see how a younger generation will have difficulty filling out a hard copy application with a pen.
  2. My quess is blue for April 15, blue always following black, so the color sequence is how we feel after the exam "black & blue".
  3. I place the value of the PMP as less than 1/50 of the PE. It took me 1/50 of the time to prepare for the PMP. One just needs a HS diploma to take the PMP. It is just a pump and dump test. I notice the only people who value the PMP are non-engineers and people who do not understand the value of the PE.
  4. The best way to know your true value is to float your resume in the market. See what bites. You may wind up with an offer you cannot resist. Why settle for the crumbs your present employer throws your way?
  5. You would at least expect a train engineer to drive your sandwich to completion at Subway.
  6. Millionaire Next Door is a great book. It isn't really about investing, but more about the philosophies and life outlooks that self-made millionaires tend to have. There is a sequel to it as well--I don't remember the name but it mentions that engineers are one of the most adept professions at becoming millionaires. I'll have to look into your other suggestions. In most cases no, unfortunately. A few 401k's give the option of a "window" that lets you pass money into a brokerage account that you can then use to buy whatever you want. I wish mine did this but I don't think it's very common. Some employer 401K plans have an option for you to set up self-directed brokerage account where you can move upto 75% of what you have into it. This allows you to invest in what ever you want. It also allows moving it back into your primary 401K plan at anytime. This is becoming more common every day. If your employer 401K plan does not have this capability, why not just ask your benefits department if they are planning on adding this to their 401K plan. They will either be clueless and look at you like you have 2 heads or they may look into providing it. I do not think it adds anymore cost to the employer.
  7. Careful when choosing a financial adviser. They make their money pushing products that are not always the best choice. Many advisers charge upto ~3%. They use the S&P500 performance as a gauge to determine if they gave sound advisement or not. If they beat the performance of the S&P500 they say they did well. My advise for the long run is to do it your self. Invest in a mutual fund like the S&P500 index and save the 3% commission per year. Since the S&P500 is well diversified and used as a bench mark for performance, I think it is a no brainer just dump all your investment money into this index.
  8. No surveying taught in Microsoft Certs, just reboot. To get some insight on how discipline the IT people are where you work, just take a look under your workstation desk. Most likely it looks like a rats nest with no thought given to the equipment or cable placement. If you are lucky to have an outlet under your desk that is hooked up to backup power, there is a good chance the IT guy did not plug your PC into the outlet with backup power.
  9. Those IT people have their GED and Microsoft Engineering Cert. They are qualified to plug in a CAT6 cable, configure a network switch, install software, and create accounts. They can make it hell to people (real engineers) who are not nice to them, because they have admin rights. They are on a first name basis with the C-Level executives, since they are constantly fixing their laptops. The C-Level execs think they are great since they keep fixing their laptops and other gadgets for them. Microsoft Cert calls them engineers, so what else is there to engineering in the IT guy's point of view. They have all that past experience rebooting the servers at the local Giant supermarket and even at times installed new software. Now they think they can run an engineering project. How difficult can it be from the IT guys perspective?
  10. If you have the extra cash, try to maximize your 401K. This will delay your tax burden on that money now, it may also put you in a lower tax bracket. This will delay paying taxes on this money until you retire and try to use that money.
  11. If engineers are required to take a negotiation class in college, their salaries will be much higher. The problem we have is engineers do not understand their true value and settle for less. The only reason lawyers and real estate agents command high salaries/commissions is because they know how to negotiate and not the value they bring. Engineers bring "true" value. They deserve to be compensated as such. In today's market, it is not what you are worth, it is more like what you can negotiate. If we as engineers learn the negotiation skill then we will be valued appropriately and command the high salaries we deserve.
  12. - Recent engineering college grads with no experience are getting 60K + - 5-7% pay raise when your salary is low is not much. Do not forget that working from home saves the employer office space and other costs. - If you have a PE and I am assuming you have 5 + years experience, then you need to be asking for $100K at the minimum. By accepting a low salary you not only short change yourself but hurt the salaries of other engineers. My advice is to not give away your services at a cheap price.
  13. There are also NCEES and Spin-Up sample exams.
  14. I recommend you take a class in negotiating and economics. I think you are well below market value for your services.
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