Actuarial Outpost
 
Go Back   Actuarial Outpost > Actuarial Discussion Forum > Careers - Employment
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions


Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 05-29-2018, 10:13 AM
Sredni Vashtar's Avatar
Sredni Vashtar Sredni Vashtar is online now
Member
 
Join Date: Mar 2010
Favorite beer: pilseners
Posts: 6,314
Blog Entries: 1
Default Order of Operations

Hey folks, I'm going to start looking for a job in my hometown. Wondering: what is the ideal order of operations?

1) Look for new job
2) Get job
3) Warn management of quitting?
4) Quit job
5) Look for house
6) Buy new house
7) Move stuff from old house to new house
8) List house for sale?
9) Start new job
10) Sell old house
11) Find preschool
12) Find job for spouse?

There's an alarming number of permutations here.

Like maybe I should quit the job first?
Or find a house before finding a job?
Or list the house before buying a new one.
Or rent for a year.
__________________
Sredni Vashtar went forth,
His thoughts were red thoughts and his teeth were white.
His enemies called for peace, but he brought them death.
Sredni Vashtar the Beautiful.

Last edited by Sredni Vashtar; 05-29-2018 at 10:17 AM..
Reply With Quote
  #2  
Old 05-29-2018, 11:57 AM
vjvj's Avatar
vjvj vjvj is offline
Note Contributor
Non-Actuary
 
Join Date: Nov 2005
Location: IL
Studying for MFE
Posts: 7,214
Default

Not all need to be sequential. And it depends on your situation.

The really important sequence, imo, is 1, then 2, then 4. I'd skip 3.
Reply With Quote
  #3  
Old 05-29-2018, 12:01 PM
PeppermintPatty's Avatar
PeppermintPatty PeppermintPatty is offline
Member
CAS
 
Join Date: Sep 2001
Posts: 37,473
Default

You might get more replies if you move this to NAT.
Reply With Quote
  #4  
Old 05-29-2018, 12:09 PM
Colonel Smoothie's Avatar
Colonel Smoothie Colonel Smoothie is online now
Member
CAS
 
Join Date: Sep 2010
College: Jamba Juice University
Favorite beer: AO Amber Ale
Posts: 47,511
Default

Buy the house first. That way you can convince management that you'll be chained to the area
__________________
Recommended Readings for the EL Actuary || Recommended Readings for the EB Actuary

Quote:
Originally Posted by Wigmeister General View Post
Don't you even think about sending me your resume. I'll turn it into an origami boulder and return it to you.
Reply With Quote
  #5  
Old 05-29-2018, 12:24 PM
Dr T Non-Fan Dr T Non-Fan is online now
Member
SOA AAA
 
Join Date: Sep 2001
Location: Just outside of Nowhere
Posts: 91,964
Default

Quote:
Originally Posted by Sredni Vashtar View Post
Hey folks, I'm going to start looking for a job in my hometown. Wondering: what is the ideal order of operations?

1) Look for new job
2) Get job
3) Warn management of quitting?
4) Quit job
5) Look for house
6) Buy new house
7) Move stuff from old house to new house
8) List house for sale?
9) Start new job
10) Sell old house
11) Find preschool
12) Find job for spouse?

There's an alarming number of permutations here.

A. Like maybe I should quit the job first?
B. Or find a house before finding a job?
C. Or list the house before buying a new one.
D. Or rent for a year.
First, start getting rid of everything you don't want to move. Old books, wives, kids, etc.
Need to start prepping your current house for showing. And, if you don't move, you'll have a less-lived-in house than before.
Probably should check the housing market first. Maybe you're in one of those "Don't care about the quality of the house, we're gonna gut it anyway" neighborhoods, so no ultra-tidying up is necessary. If people are expecting to buy without doing any improvements, then you have to get your house in selling shape. And this takes longer than you think.

For the questions that I lettered:
A. No. Never.
B. No. You'll be in company-paid housing for some time. last time I moved, I was there for about 60 days.
C. Yes. But after you get the job.
D. This is prudent. You might not like the job. Or you might remember the reasons why you left your hometown. Or, you can move in with relatives (if they exist) and save every penny of salary, so you can buy the house you want and have money to make it your own.

Order imo:
1,
2,
4,
8 (10 follows from 8),
5,
9 (independent of the rest, but about here in the order),
11 (independent of the rest, but about here in the order),
12 (independent of the rest, but about here in the order),
6,
7

Note that your spouse will be doing a lot of this work as well.
__________________
DTNF's Basic Philosophy Regarding Posting: There's no emoticon for what I'm feeling! -- Jeff Albertson (CBG)
DTNF's Trademarked Standard Career Advice: "pass some exams and get back to us."
DTNF's Major advice: "Doesn't matter. Choose major that helps you with goal of Career Advice."
DTNF's Résumé Advice: Have a good and interesting answer to every item on it for the interviews.
DTNF's Law of Job Offers: You not only have to qualify for the position, but you also have to be the best candidate available for the offer.
DTNF's Work Philosophy: I am actuary. Please insert data. -- Actuary Actuarying Rodriguez.
Twitches' Advice to Crazy Women: Please just go buy your 30 cats already.
Reply With Quote
  #6  
Old 05-29-2018, 12:40 PM
Sredni Vashtar's Avatar
Sredni Vashtar Sredni Vashtar is online now
Member
 
Join Date: Mar 2010
Favorite beer: pilseners
Posts: 6,314
Blog Entries: 1
Default

Quote:
Originally Posted by Dr T Non-Fan View Post
Note that your spouse will be doing a lot of this work as well.
(Technically my wife is going to be the one looking for the new job, and I will be the one doing all the other stuff, and maybe looking for a job.
She's not an actuary, but she's business-world so I would imagine it's the same.)
__________________
Sredni Vashtar went forth,
His thoughts were red thoughts and his teeth were white.
His enemies called for peace, but he brought them death.
Sredni Vashtar the Beautiful.
Reply With Quote
  #7  
Old 05-29-2018, 12:45 PM
Sredni Vashtar's Avatar
Sredni Vashtar Sredni Vashtar is online now
Member
 
Join Date: Mar 2010
Favorite beer: pilseners
Posts: 6,314
Blog Entries: 1
Default

Quote:
Originally Posted by Colonel Smoothie View Post
Buy the house first. That way you can convince management that you'll be chained to the area
Actual thing people actually do? I have said "I'm totally moving and buying a house and living forever" before.

Quote:
Originally Posted by Dr T Non-Fan View Post
First, start getting rid of everything you don't want to move. Old books, wives, kids, etc.
Need to start prepping your current house for showing. And, if you don't move, you'll have a less-lived-in house than before.
Okey.

Quote:
Probably should check the housing market first. Maybe you're in one of those "Don't care about the quality of the house, we're gonna gut it anyway" neighborhoods, so no ultra-tidying up is necessary. If people are expecting to buy without doing any improvements, then you have to get your house in selling shape. And this takes longer than you think.
Yeah.... repairs may be (1).... :/

Quote:
D. This is prudent. You might not like the job. Or you might remember the reasons why you left your hometown. Or, you can move in with relatives (if they exist) and save every penny of salary, so you can buy the house you want and have money to make it your own.
Could live with my mom again, though that would be very annoying.




Quote:
Order imo:
1,
2,
4,
8 (10 follows from 8),
5,
9 (independent of the rest, but about here in the order),
11 (independent of the rest, but about here in the order),
12 (independent of the rest, but about here in the order),
6,
7

Note that your spouse will be doing a lot of this work as well.
Okay excellent.
__________________
Sredni Vashtar went forth,
His thoughts were red thoughts and his teeth were white.
His enemies called for peace, but he brought them death.
Sredni Vashtar the Beautiful.
Reply With Quote
  #8  
Old 05-29-2018, 12:45 PM
Sredni Vashtar's Avatar
Sredni Vashtar Sredni Vashtar is online now
Member
 
Join Date: Mar 2010
Favorite beer: pilseners
Posts: 6,314
Blog Entries: 1
Default

Also someone mentioned Capital Gains tax as a reason to jump straight to buying??? Is that a big deal?

Our current home has probably gained $100k.
__________________
Sredni Vashtar went forth,
His thoughts were red thoughts and his teeth were white.
His enemies called for peace, but he brought them death.
Sredni Vashtar the Beautiful.
Reply With Quote
  #9  
Old 05-29-2018, 12:51 PM
Dr T Non-Fan Dr T Non-Fan is online now
Member
SOA AAA
 
Join Date: Sep 2001
Location: Just outside of Nowhere
Posts: 91,964
Default

I think you have some time. (18 months??)

The downside is that you might have a shit-ton of stuff to store, and that costs money.
(Assuming you don't rent a house as large as your current one. Which, you could do, but this is a good time to save, and not overspend on rent when you're going to move anyway.)

I understand now why you are preparing in this fashion, and why your order is unusual. YOU are not the one moving. Your wife is, and you're "tagging along." My order is, thus, for your wife. Also, switch to "get rid of husband" on that one line there.
__________________
DTNF's Basic Philosophy Regarding Posting: There's no emoticon for what I'm feeling! -- Jeff Albertson (CBG)
DTNF's Trademarked Standard Career Advice: "pass some exams and get back to us."
DTNF's Major advice: "Doesn't matter. Choose major that helps you with goal of Career Advice."
DTNF's Résumé Advice: Have a good and interesting answer to every item on it for the interviews.
DTNF's Law of Job Offers: You not only have to qualify for the position, but you also have to be the best candidate available for the offer.
DTNF's Work Philosophy: I am actuary. Please insert data. -- Actuary Actuarying Rodriguez.
Twitches' Advice to Crazy Women: Please just go buy your 30 cats already.
Reply With Quote
  #10  
Old 05-29-2018, 01:14 PM
Patience's Avatar
Patience Patience is offline
Member
SOA AAA
 
Join Date: Sep 2001
Location: a kinder, gentler place
Favorite beer: Scotch
Posts: 47,727
Default

no need for 3.

5 & 11. can start with 2.

can you buy a house before you sell your house? May need to consider apartment

everything 8 and later can be started as soon as you get the offer
__________________
"I've been through the desert on a horse with no name...
In the desert you can remember your name
'Cause there ain't no one for to give you no pain"
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 05:23 PM.


Powered by vBulletin®
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.22534 seconds with 9 queries