What will you do with it?
me-goal is ASAP, what I will do when I get it, turn the million into 10 million...
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What will you do with it?
me-goal is ASAP, what I will do when I get it, turn the million into 10 million...
At the rate I'm going, it will be another 20 years.
Yeah, anyone can get a million bucks these days. I recommend a book: "Wealthy Barber". Excellent read.
What I plan to do with it? Live of the interest and make more so my kids don't have to pay their way through college.
my goal is by my 10 year high school reunion to have a million dollars in the bank.
I'm going to be working on the whole "get out of debt" phase for awhile... $300k in student loans by 2011! But after that, things should be much better.
When I finally start making money, I've got a few goals.
-1 nice sports car sometime in my life. If it were today, it would be the 2009 CTS-V
-Beach house or a house somewhere on the water
-A nice retirement fund so I can be active and travel during retirement, hopefully do something like Doctors without borders for a year
-Make a sizeable donation to a worthy cause
Once you all stop thinking about making money and stop living above you're needs that is when you will Sleep better and have less stress.
i never planned on a "First Million" my life is much better for it.
some people can have the best of both worlds, making great money and doing what they love, which is true for myself when I graduate from college.
the career i plan on entering into wont really allow for me to be a millionaire, unless i make it really high in the ranks, then i can prolly have a million in da savings by the time im 80.
(criminal justice)
but you really do not know till you are doing it. Just cuz you finish College does not mean you will work in that line of work. my Ex got a B.A. from SDSU she wanted to work with kids making a differance at city parks programs. She never worked a day in that line of work not that she didn't try but cuz there was no funding for that line of work so she started working for some realtor. she built her own buisness in a line of work that she didn't need to get the B.A. for and probably could have just worked right out of high school. there are a ton of people that finished going to CSUN right here 6 blocks away from where i live that never work in the type of work they want to work in. i see it all the time. College is the biggest Rip Off in the world building peoples hopes and dreams only to get a job that has nothing to do with what they went to school for. My Own brother went to ITT got some degree from them to build computer systems he wanted to go work for HP they have a big ass compound in CO where he lives he spent 4 years going to ITT to try to get a job at HP he works for a Co. Debugging the coputers for the local Prison. he just said that he could have got his job with a 6 month computer class at an Annex. i have a Buisness degree just a stupid paper that says i can run a buisness and i have never used it. i can not stand sitting at a desk full of office Gossips doing Paper work. it's just not for me. So keep you're dreams but don't hold you're breath about getting that dream job out of school when you get into the real world and are finaly doing what you set out to do. Hell it took me 17 years to find a Job that is using my skills to the fullest. but it's not my Dream job. if i had got my dream job i would be working at the Getty. I would be doing some kind of Photography or video (NOT PORN) but they want a degree in Arts even know i have well over 20 years behind a camera 2 years Video and 2 years Lighting. some Punk just out of College with an Art degree will get my dream job. and they probobly have 500 people with art degrees trying to get the same Job.Quote:
Originally Posted by AVE0SAM
you would make more money defending. hell you could be some so called Expert for the defence and make more money then you would trying to put people behind bars. Hope you didn't fall for that ITT scam!Quote:
Originally Posted by mikedudley17
^tis true a lil
the avg person in college may change their degree goals at least 3x by graduation and a few more times after college. sometimes it takes a while to find ur niche and while ur in school u can only hope to be choosin the right thing. im not sure if when i finish school i will become a cop. maybe a social services worker or i might become a garbage man-(kind of hope not too tho). u really dont know whats gonna happen til u do it.
and no im not goin to ITT.
as of right now im a security guard at All State insurance and i love my job. course i dont do much but it gives me a sense of pride that i am doin something in my field that i am goin for and people have to listen to me-muwahahaha!!!
also if i get pulled over while in uniform, i just get a warnin and let go. (one time i didnt even get a warning, just got my license handed back to me and the cop walked away without sayin a word.)
i am no way above the law but i do enjoy enforcing it.
what the hell was the point of my post again?
I use to work Security my best post was Budweiser in Van Nuys, CA but no money in it unless you have a Gun Lic. i never wanted to pay the $300 to get it. i always know if times get tuff i can always go back to being a guard. but i hate having to put the damn Monkey Suit on with the Tin Badge or plastic if you work for a messed up Co. Security is a good Pot head Job. i Still have my Guard Card. but i don't smoke weed anymore.Quote:
Originally Posted by mikedudley17
Between my fiance and I will we will prolly have our first million in about 5 years... but I am not going to blow it on anything, We are saving so that we don't have to scramble when we have kids. I'm buying a 350Z in June and we are buying a house in August, but other than that I doubt we'll blow our money on much...
"College is the biggest Rip Off in the world ..."
B1rd you are completely wrong, maybe in the west coast they do things different but over here a college degree is definitely worth the time...you might not find the job because your scope of what you want to do is way too small...if you want to work for one company doing a certain task when you get out, you probably won't get it because there's always someone more qualified...but everyone I know has a job in their "field"...because that is what they studied and practiced. When I finally finish college within the next year, I will be working with computers of some sort, maybe not towards what I want..but its in my field and it will be around the same salary I expected after graduating. I can see how other fields can get mixed up, but if you pick a field that has emphasis or focuses on a certain skill then you don't have to worry much about working a completely different job. Of course then theres the factor of whether or not your field is over saturated with employees, but jobs are open in most places in most fields.
Yea even with a college degree you probably don't have the experience that your "dream job" requires, so they start you near the bottom and you work your way up.
You may start at the same level as someone without a degree, but your potential for advancement is much higher, and you will reach lengths that someone without a degree will have no chance at achieving....
On average college grads make 300,000+ more than people without a four year degree. Thats AFTER paying back the school loans.
ya but in the real world that is SO not TrueQuote:
Originally Posted by AveoSSSupercharged
in the real world??? that is FROM the real world dude.Quote:
Originally Posted by B1rdbrain
you need to go to any fast food place near CSUN most college grads stay working at there part time jobs when done with College. it's a SAD Fact but true. they spend all this money to go to college but never end up working what they went to school for.Quote:
Originally Posted by AveoSSSupercharged
doesnt matter if they dont do what they went to school for....just HAVING ANY FOUR YEAR DEGREE will make you more money than having no degree at all...thats a PROVEN fact.Quote:
Originally Posted by B1rdbrain
But you Must get a job Using the degree or it's not worth the paper it's printed on. i have seen this time and time again living so near CSUN!
not really... if you only get a technical degree that's true, but if you go to a 4-year accredited college then most companies will hire you on the basis you went to college... a lot of the time your major does not matter unless you are an engineer...
your basing all your stuff off what you think and what you see....studies from across the country time and time again prove everything that your saying is false and false by A LOTQuote:
Originally Posted by B1rdbrain
it depends on if you actually go to a good college or not....this place i go to gives you tons of co-op and intership oppertunities in your field that actually pay good money because its not only schooling but experience that matters....Quote:
Originally Posted by B1rdbrain
While I somewhat agree that more opportunity does allow the opportunity for a greater income. Honestly when it comes to college education the difference in education is really seen on the PHD level now. It used to be that the MS was the difference but that is no longer the case as more and more schools are adding Masters programs.Quote:
Originally Posted by AVE0SAM
If you go to a school for a name that is what you get.
Also as far as incomes go, it is ultimately how you apply yourself to whatever you are doing that makes the difference in the long term, just fyi the founders of Microsoft, Oracle, Dell, and Standard Oil aka Exxon-Mobil did not have a college degree.
"You decide your worth"
if you plan to own your own business and work for yourself all your life, then college is not needed...
But if you plan to work for someone else all your life, it is almost a necessity...
For all those looking to invest in the Stock Market with mutual funds and bonds, make sure you ask your broker if they are an accredited investor-
Quote:
Accredited Investor
A term used by the Securities and Exchange Commission (SEC) under Regulation D to refer to investors who are financially sophisticated and have a reduced need for the protection provided by certain government filings.
Also known as "qualified purchaser".
In order for an individual to qualify as an accredited investor, he or she must accomplish at least one of the following:
1) earn an individual income of more than $200,000 per year, or a joint income of $300,000, in each of the last two years and expect to reasonably maintain the same level of income.
2) have a net worth exceeding $1 million, either individually or jointly with his or her spouse.
3) be a general partner, executive officer, director or a related combination thereof for the issuer of a security being offered.
These investors are considered to be fully functional without all the restrictions of the SEC.
So true. There is a dilema to this though. The ones most qualified to open businesses are the ones that have been to business school. But after being to school, you don't have any money left to open a business plus, in school you learn that less than 5% of new businesses ever make it more than 5 years.Quote:
Originally Posted by xtreme 2
That said, less people with degrees want to open shop than ppl without. But I know for a fact that education will only get you so far. Having a business is a way a of life. You live most of your time there. You need to have more that business skills to run one. Another good read I would suggest would be "The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It" by Micheal Gerber. A great book indeed.
[quote=ontarian_frog]So true. There is a dilemma to this though. The ones most qualified to open businesses are the ones that have been to business school. But after being to school, you don't have any money left to open a business plus, in school you learn that less than 5% of new businesses ever make it more than 5 years.Quote:
Originally Posted by "xtreme 2":bd03w226
That said, less people with degrees want to open shop than ppl without. But I know for a fact that education will only get you so far. Having a business is a way a of life. You live most of your time there. You need to have more that business skills to run one. Another good read I would suggest would be "The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It" by Micheal Gerber. A great book indeed.[/quote:bd03w226]
I think your assessment is partially correct in saying that "the ones qualified to open businesses are the ones that have been to business school." for the following reasons.
The people most qualified to open a sucessful business are those who understand cash flow and can balance a checkbook. They can also understand that an asset puts money into your pocket and a liability takes money out of your pocket. Many of the so called (school experts) have no real world experience (never owned a sucessful business) because they are looking for textbook examples in an ever changing marketplace. Furthermore a degree just mean that you are able to focus your attention on a achieving a goal, it does not mean you will be sucessful.
My reading list suggestions:
"Rich Dad Poor Dad" by Robert T. Kiyosaki
"How to get rich" by Donald Trump
"The millionaire mind" by Harv Eker
"Cashflow Quadrant" by Robert T. Kiyosaki
not only do they understand money and such, but u also have to understand people and what they want and blah blah blah
...Or maybe they understand money and they are willing to THINK to find a solution thus making them better people persons....
What would you do with your first million dollars? well since the value of the dollar has dropped significantly, not as much. If I ever have a million dollars, I would buy a nice home in a nice area and work until retirement then use what I need as I need it and donate a good chunk of it to a worthy cause before I kick the can.
Oh, and finish all these projects I have on my aveo.