dont forget guys, you actually have to be good at what you do. no one in their right mind is gonna pay you 150k a year for sitting around doing **** all. investment bankers make lots of money because they literally work 120 hours a week.
its all relative. i'd rather pull $120k a year when im 45, being a professor and leading an easy lifestyle than working 90 hours a week doing something i might not like and pull 400k a year.
|
-
05-30-2007, 02:33 AM #121
-
05-30-2007, 02:37 AM #122
- Join Date: Jul 2005
- Location: California, United States
- Posts: 40,935
- Rep Power: 85704
-
05-30-2007, 02:40 AM #123
-
05-30-2007, 02:42 AM #124
-
-
05-30-2007, 02:44 AM #125
-
05-30-2007, 02:46 AM #126
- Join Date: Jul 2005
- Location: California, United States
- Posts: 40,935
- Rep Power: 85704
-
05-30-2007, 05:10 AM #127
-
06-03-2007, 12:42 PM #128
I didn't go through the whole thread so I don't know if this has already been mentioned (although I wouldn't be surprised if it has) but if you are a wise (and lucky) investor, you can turn a mediocre amount of money into a restankylous amount of money.
Case in point: Four years ago, everyone thought Apple was going to go bankrupt. Share price: $10.
Today: The iPod turned out to be Apple's godsend. Share price: $120.
If you decided to risk a year's salary (let's say, $100,000) on Apple in 2003, you'd have $1.2 million today.
Obviously very few people could have predicted that a company on the verge of bankrupcy would make such a turnaround, but there are plenty of stocks that show extremely good growth if you do your research.
-
-
06-03-2007, 12:45 PM #129
-
06-03-2007, 12:51 PM #130
-
06-03-2007, 01:47 PM #131
-Stocks/Bonds (Many of those people probably bought shares of Microsoft and -*** back in the 80s)
-Mutual/Hedge Funds
-High Yield CDs
-IRA/Roth IRA
etc...
Investing your money is probably the quickest and easiest way to get rich. There are quite a few low risk-high yield ventures to get into.
Owning a company/business is another way. My dad owned his own business (sold it in the late 90s) and during slow years would make upwards of $150,000. The problem with starting your own business is it's very risky and takes some time to start making a lot of money.My Goals:
For to make the heavy weights light and the baggy clothes tight.
Bookmarks