Thursday, December 31, 2009
Good-Bye, Blogger!
Happy New Year, everyone. I am reinventing myself for 2010!
Tuesday, December 29, 2009
A Long Life and a Short One
On a very sad note, my mother emailed me when I told her about Dean's grandma. "We also got very sad news this morning. Our co-worker lost his 4 month old daughter yesterday. We don't know the details yet. When he went to pick her up from day care after work, there was an ambulance infront not knowing it was his baby the paramedics were trying to resuscitate. She did not make it."
My heart is breaking! Here is more from my mom.
"this is their first baby. they were married two years ago. he was just showing me the baby's pictures with santa claus last week. he is such a proud dad and takes care of the baby like a mom giving bottle feedings and changing diapers during the night. that's what makes us so sad because we don't know how he is taking it.
"went to the cathedral for the noon mass with one of my coworker and we were there early. right before the mass the priest was saying hello to everyone and i went to him and asked him to include the baby's intention. he had a pen and pad and wrote the name. my friend and i were surprised when he announced at the beginning of the mass that the mass is for the baby and her family. and he mentioned her name again at the offertory. that made us feel better."
Monday, December 28, 2009
Transition
In February of 2005, a couple bought the upstairs two-bedroom. I bought one of the downstairs one-bedrooms--the one facing Geary Boulevard. And another couple bought the other identical, but mirror image one-bedroom across from me. This couple would separate and divorce soon after. Still, the four of us (one couple and two single women) lived harmoniously for almost five years, watching each others' dogs, collecting mail, working together to remedy pipe leaks, drainage problems, and fixing an eyesore of a backyard.
I moved out and in with my fiance this past summer, rotating my condo with an MBA summer intern and a Stanford post-doc. In January, a couple of doctors will move in. The doctors had no use for the garage spot so I'm renting that out, too, to a neighbor across the street to house his weather-damaged BMW.
Newly-maried, my neighbor with the identical unit moved out a month ago. She initially paid $500K and sold for $525K which is a slight loss when you account for the broker fees. I paid $455K for mine which profits me $40K right now if I sold. All of this is public information. It's easy to determine whether or not your place is under water. I have no plans to sell. It's been surprisingly easy to find tenants to pay rent that covers my mortgage and HOAs.
The upstairs neighbors are now preparing to put their place on the market in 2010. When they leave, it'll be sad knowing I'm the only remaining original owner and I don't even live there anymore.
Sunday, December 27, 2009
Making History Every Day
1890 John D. Rockefeller donates $600,000 ($14.2 million in 2008 dollars) calling it "The best investment I ever made"
1929 First University to grant a PhD in business to a woman
1935 First Heisman Trophy is awarded to College of Commerce student John Jay Berwanger
1982 George Stigler becomes the first business school faculty member to receive a Nobel Prize
2004 Catherine Gacad earns MBA
2008 The school was named in honor of David G. Booth for his $300 million gift, which Booth described as a "partnership distribution" based on the long-term contribution to his life's success by his alma mater
Saturday, December 26, 2009
To Prenup or Not Prenup
There are a few reasons to get a prenup: 1) You're a major celebrity like Tiger Woods, 2) You stand to inherit billions like Athina Roussel who is the sole heir to the Onassis fortune, or 3) You own property. I fall into the last category. Not only that, I have built up my own little nest egg that is mine. Not my husband's. Not community property. It is my hard-earned money.
I've consulted many friends regarding this--friends with inheritances, friends who came in with a lot of money, friends who had property. Across the board, they did not put together a prenup. Further, they questioned, "Do you really want to bring up the topic?" I've gone back and forth and figured that I didn't really care. I agreed. Why bring it up anyway? What's mine is his and what's his is mine.
But then a friend of mine put me to the test during drinks the other day. It really made me rethink the issue. He asked, "Let's say you were marrying someone who came into the marriage with a lot of money. Then he asked you to sign a prenup. What would you say? Would you be offended?"
I shook my head. "I would absolutely not be offended. What's his money is his money. I'd have no problem signing a prenup."
"Then there's your answer."
Friday, December 25, 2009
I enjoyed this year with Dean's family. His parents picked us up from the airport and drove us directly to church for mass. We snuck away after they dropped us off. With 90 minutes to kill, we walked a few blocks to an English pub's trivia night and drank beer. The 10:30pm mass was half-full which was a big surprise to me. Every single Christmas mass I've gone to has had people standing up, lining the walls.
We spent Christmas day at his parents' new house. Buffet-style, but sit-down. Then lots and lots of presents. Piles of presents for the kids. No matter how wasteful, I still think it's fun. Presents are important. We continued to eat throughout the night: pumpkin pie, cheesecake, Dorritos, Ruffles with french onion dip. I thought I was going to explode before midnight. It was a good time. Everyone was still around late into the night.
As we got ready to leave, Dean's cousin patted me on the back jokingly, "Catherine, you can do better. There's still time. It's not too late to call off the engagement."
Thursday, December 24, 2009
Merry Christmas Eve
Despite my party-pooping anxiety of spending Christmas away from the throngs of Filipinos, I have had the best two nights hanging out with loved ones.
Tuesday night, Dean and I went ice-skating at Union Square, took pics with Santa, then sang and drank the night away with friends at my favorite city bar, the Gold Dust. Love that place! It's the perfect mix of tourists and locals and the drinks are dust cheap.
Last night, Conrado came into town and we grabbed dinner at the Westfield food court, had drinks at Oola, then Marky came out to meet us with his fabulous Aussie date. I LOVE THE GAYS! Marky hates it when I call him my gay friend. "You don't call Daniel your black friend."
"Yes I do!"
So happy to celebrate with my posse prior to departure. Merry Christmas everyone and I'll try to blog if I can get my hands on internet access.
Wednesday, December 23, 2009
Finance Work
It's the Eve before Christmas Eve and I'm working feverishly on finance. Not my job, but personal finance.
Budget
- We have no budget. This is a bad thing.
- Dean and I have been reveling in our extra savings from living in a studio and the income from my condo, that we don't really manage our money. We go out to eat. We drink every night. We spend freely.
- No more. Starting now I've sorta put us on a budget. Every paycheck, a certain amount of money will be transferred into our designated savings account.
Savings
- I think it's important to have specific savings accounts. Otherwise, there's no incentive to save.
- The savings account for our wedding was completely funded after the current tenant paid for December rent. A total of $20,000 for our desert wedding. Done and done.
- I have a new set of tenants (two doctors) moving into my place in January. Their checks will be deposited into our new savings account for a home. In two years, we should have enough for 20% down on another home.
- My 401K is growing. I max it out every year. I'm looking to open up a Roth IRA soon, too.
Insurance
- Geico is the best for auto.
- Traveler's for home.
- We don't have renter's insurance. That's on my to-do list.
The Gacad-Barbella Legacy
- One kid is enough.
- I have no plans to save for my one child's education. He or she can pay for college like I did. I believe in the best up-front education possible to ground children for continued success in college and beyond.
- I've always wanted my kid to go to Catholic school. If my immigrant parents could afford it, I can too.
- The best Catholic elementary schools in San Francisco are Convent and Stuart Hall at a whopping $20,000+ per year. That starts at kindergarten! Way beyond our means, but strong potential for a scholarship. Throw us a bone: two Catholic parents with one of us (me) who went to Catholic school for 12 years. I'll ask the Bishop for a recommendation. That said, I have concerns with any kid of mine going to a richy school. Just not our style.
- So I've scoped out Notre Dame des Victoires not too far down from where we live and not too far up from where I work. At $700 a month for our kid to have a Catholic elementary school education, then on to Saint Ignatius for high school at $1300 a month, we can definitely afford to have our little kid sporting a plaid uniform.
Tuesday, December 22, 2009
Whistle While You Work
I don't believe in Astrology, but I still find it uncanny when I read a horoscope that's spot on.
From the November issue of Glamour. Gemini: The full moon and Mars unsettle your life; then the new moon and Mercury tidy it back up. Tackle a project you're dying to start, whether it's work stuff (website!) or a health routine (Wii Fit!).
Uncanny...new website coming soon.
Monday, December 21, 2009
Drip, Drip, Drip
Several years ago, a friend told me about Botox to help control the sweating. Luckily, my health insurance Kaiser covers the Botox procedure. The dermatologist draws a grid on each armpit, then injects the Botox. It lasts exactly six months. During that time, I don't sweat. I don't wear deodorant. I haven't worn deodorant in years. It's a lifesaver. When the six months are up, I suddenly start sweating up a storm which results in a frantic call to Kaiser.
Well fucking shit, my dermatologist is on vacation. Apparently, they won't switch me to someone else. I must go to her. So now I have to wait three weeks for an opening in her schedule. Until then, I am dripping!
Sunday, December 20, 2009
Crossing the Bridge
R.I.P Brittany Murphy
Saturday, December 19, 2009
Privacy Schmivacy
Friday, December 18, 2009
Jobseekers: Read This
Someone sent me the following email a month ago. This is the right way to pursue the job hunt. I wish I could give her credit, but I can't go blogging her name on the interweb.
Hi Catherine,
You may or may not recall, but I used to work with Carl Samson in the targeting group at [company vendor]. We exchanged a few emails back and forth in my time there. I’m now a student at Chicago Booth (though I’m sure it will always be GSB to you!) and recall that you are an alum. Since you are someone who went to school in Chicago, but managed to find a job post-graduation in the Bay Area, I’m curious to know how easy/difficult you found that to be. I am originally from the Bay Area, and would ideally like to end up back there. I am also seeking to continue on in the Finance industry, so if you have any thoughts or advice you could share about recruiting for Bay Area firms in Finance-specific roles, I would appreciate the help.
Thanks in advance! Hope to hear from you soon.
Best,
Cassandra
First, notice how Cassandra re-introduces herself and provides the background on how we know each other. Secondly, I've got to give kudos to someone who's looking for a job, but never mentions it in the email. Her email makes me feel knowledgeable since she's seeking my advice on coming back to the Bay Area. This girl is smart and savvy. I have no doubt that she'll find a job right away...because people are going to want to help her. I do...and I don't even really know her!
Thursday, December 17, 2009
Shopaholic
Wednesday, December 16, 2009
Dieting
Tuesday, December 15, 2009
The Best Hire
Monday, December 14, 2009
Save the Dates
I'm still in the office and gearing up to be back in the office at 4am tomorrow morning which is why this post is short. Must get sleep.
Sunday, December 13, 2009
Shhhh, Don't Tell
Saturday, December 12, 2009
Wedding Dress Arrival
Friday, December 11, 2009
D-I-V-O-R-C-E
Anyhow, I'm so glad Jenny Sanford (honors at Georgetown, VP of M&A at Lazard) is leaving his ass. She's smart, pretty, and has a bright future ahead of her without that scumbag. Way to go, Jenny!
On the same front, People.com posted its cheating poll today. Who's the year's worst: Tiger Woods, Jon Gosselin, Governor Sanford, John Edwards, or David Letterman? Hilarious. It pains me to say this, but Jon Gosselin was probably reliving the single twenties he never had. He's an embarrassment, but probably the most understandable of the aforementioned cheaters. Besides, they were separated. David Letterman had a girlfriend for decades, then eventually married her. Hello?!?! He's not proposing for a reason which means he's probably got other avenues to fulfill his desires. Tiger Woods, I think we're all just scratching our heads because his "alleged" mistresses are all butt-ugly compared to his wife. I mean, all these men are bad, but my vote goes to John Edwards who cheated on his wife who had cancer. What happened to "in good times and in bad?"
Bad, bad, bad. These men are bad!
Thursday, December 10, 2009
Here to Stay
Wednesday, December 9, 2009
The Sniffles
Tuesday, December 8, 2009
You Get What You Pay For
Monday, December 7, 2009
To Move or Not to Move
Pros to Moving:
Get the fuck out of a studio apartment.
Starting out fresh as a couple in a new place.
I'm tired of the nomadic strung-out homeless people roaming our corridors.
We can have a mish-mash of combined furniture.
Possibly a bigger kitchen, a bigger bathroom.
A room where we can close the door.
Cons to Moving:
Good-bye $1200 rent.
Our studio is actually a very large, high-ceilinged beautiful apartment.
The one-bedrooms aren't too much bigger than our current situation.
Valet parking.
I adore my cable car commute.
Our choice of nearby Club One facilities.
Dean's friends and favorite watering hole are nearby. I could care less about this one.
So we wait. I'm sure it won't be long before the perfect opportunity comes along.
Sunday, December 6, 2009
Breaking News from TMZ
Saturday, December 5, 2009
It Takes a Village
Friday, December 4, 2009
Inappropriate
Thursday, December 3, 2009
Leave His Ass
These are smart, beautiful women who deserve better and I am tired of the husband theatrics. "I'm human and I'm not perfect." Shut the fuck up, Tiger Woods. You are an asshole who needs to DIE. I'm reading reports that Tiger's wife is renegotiating her prenuptial agreement as they try to work on their marriage. No matter how much money is involved, no wife, no mother deserves to be with someone who's unfaithful. It doesn't matter that he's a billionaire. It doesn't matter that he's the greatest golfer of all time. It matters that he was true to her and he was not.
Wednesday, December 2, 2009
Straightforward
From: Catherine.Gacad
Sent: Wednesday, December 02, 2009 5:10 PM
To: Dean Barbella
Subject: Christmas Present
Hi Baby, I don't want you to stress about what to get me for Christmas so I'll just tell you.
I'm fascinated by Henry Darger who was a janitor in Chicago. After he died, people found a mass of beautiful illustrations with accompanying stories in his apartment.
He's a genius! I would love if you could get me one of his hardcover books. You can find him on Amazon.com. I'll just let you surprise me with which one you pick. Yey!!!
From: Dean Barbella
Sent: Wednesday, December 02, 2009 6:34 PM
To: Gacad, Catherine
Subject: RE: Christmas Present
Wow – Looks interesting. Will do!
Tuesday, December 1, 2009
If You Stray, You Die
Grrrrr. Has anyone else been following the Tiger Woods scandal? Apparently, Us Weekly will be running a feature tomorrow with another woman who asserts she had close to a 3-year affair with the golf phenom. I told Dean that if he ever cheated on me, he'd end up like Steve McNair--the murdered football player. His practically adolescent mistress went straight-up kamikaze on him! You go, girl!
It's just so sad, especially since Tiger's baby boy is barely a year old. Tiger needs to be hanging out with his wife and spending time with the fam! I'd freak out, too, if I were her. I hope she gave him a good concussion-induced whooping. Can't guys keep it in their pants?
It's a book club night so I'm posting a picture that Dean sent me when I told him I wouldn't be home until later.