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How to make big money?
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11-20-2007, 09:46 AM | #25 |
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i think that leasing a BMW is not THAT big of an investment. I mean, a 3 year well optioned 3 coupe lease is what... $20k out of pocket? If a car is a priority, and it obviously is on this board, then more income will get dumped into it. Anyone with a decent 50k plus 9-5 should be able to handle that type of a load.
I fall in student category... btw... but I don't have my car yet...
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11-20-2007, 11:33 AM | #27 |
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its not about what you know. its about who you know.
the really introverted nerd from high school is not going to become a millionaire because introverted people dont have leadership skills. basically meet as many new people as you can, you'll never know who you can come across in life. being a quiet straight A dork will get you a great job, but nothing like the people who can combine that with communication and leadership skills. |
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11-20-2007, 11:44 AM | #28 |
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also, hold onto the winners and get rid of the losers...
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11-20-2007, 11:53 PM | #30 |
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account executive for a mortgage company (24yr old)...market is trash right now and i'm feelin it...but still a lot of people making loot out there
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11-21-2007, 12:15 AM | #31 |
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Market is trash = great time to buy! Mortgage companies are taking a pretty heavy hit nowadays.... That has trickled up all the way to the brokerage houses.
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11-21-2007, 12:21 AM | #32 |
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exactly
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11-21-2007, 12:49 AM | #33 |
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Having your own business?! would be my best bet.
Since i don't know much about stock market and betting, lottery doesn't sound so realistic to me. I know lots of people who have their own business and pretty wealthy. |
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11-21-2007, 12:49 AM | #34 |
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Simple I sold my soul to uncle sam.
LOL I have a leased car, in time pending on where I end up I'll buy one. But I work a lot, save and sold my magazine WRX. End result a 2 yr lease 335xi and mods not really a baller :+( but one day
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11-21-2007, 12:56 AM | #35 |
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It really depends.... Unfortunately, the success rate of owning one's own business is also relatively low. Roughly 75% of business fail withing their first couple of years. Furthermore, starting up your own company takes quite a bit of capital to begin with.
The majority of individuals that own their own company and are relatively successful make a decent living, but won't break into the upper echelons of society. It really depends on how much money want to make. Is $250,000/year before taxes enough money for you? For the vast majority of Americans, it is WAY more than enough and already puts you in the top 3% of Americans, yet in the realm of wealth today, that is considered meager. People who "dream" about become wealthy and being able to buy cars or houses left and right have to ask themselves some questions... Are they willing to sacrifice their spending habits now to achieve their goal? Do they want to build a legacy so that their children and their children's children etc. etc. will be able to continue a set standard of living? Depending on answers to these questions, most financial goals are reasonably attainable by proper saving, planning, and investing. Many people, probably like yourself, feel that they don't know much about the stock market and therefore considering pure luck and stay away. Unfortunately, NOT investing in the stock market or a similar type of investment vehicle hurts you in the long run. Average savings and money markets do NOT outpace inflation, and therefore when you are older and do wish to retire, the wealth you have amassed will be worth a lot less. You may not have to day trade or invest heavily, but building and allocating a proper portfolio is almost a necessity in today's world, where markets are intertwined globally, and actions thousands of miles away affect our economy and therefore our savings. |
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11-21-2007, 01:04 AM | #36 |
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^ true........
the rates are pretty low and take quite a bit of capital to start one. . . .?! huh?! Lost towards the end. I know a little bit about stock market. But the part where i was talking about IT being unrealistic, stock market wasn't IT. I was talking about betting, lottery. sry for the confusion. |
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11-21-2007, 03:47 AM | #37 |
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work hard, extra shifts, do double shifts. lol naaw i'm not that crazy. i'm a nurse.
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11-22-2007, 03:13 PM | #39 |
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I'm 16, in highschool, and am very thankful for the fortunate situation I'm in. From what i have observed, working hard in whatever it may be that you want will only bring you success. If you're the best at what you do, it doesn't matter where you went to school or who you are, because you are the best/hardest worker at what you do, people will take notice. But who am i to say, I'm young and still have a lot to learn... this is just my "2 cents".
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11-22-2007, 03:48 PM | #40 | |
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Quote:
just be smart and open minded...chances will come to you.... |
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11-23-2007, 05:06 AM | #43 |
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I think starting your own business and being your boss definitely is the best thing that you can do these days. I have been working for my family business since I graduated college and it has been a success for me.
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