Re:How to Get Rich (without Getting Lucky)
by kostarelo on Saturday August 25, 2018 @04:35PM
(#17842453)
Are you going to be a multi-millionaire by working as Medicine/Software-Eng/Accounting employee?
Yes
Re:How to Get Rich (without Getting Lucky)
by kostarelo on Monday August 27, 2018 @04:49AM
(#17850240)
Can you elaborate, please?
If you're working at a FAANG company or equivalent in SF/NYC/SEA, you can get to $250-350k in total-compensation before you turn 30. If you save and invest a big chunk of this money in your 20s and 30s, you can plan on being a multi-millionaire by your 40s.
Here's a much more reliable recipe for getting rich: Study your ass off in school. Do whatever it takes to graduate with a stellar GPA, and letters of recommendation. Attend the best University you can get into, with above credentials. Pick a major with a proven track record of financial success, such as Medicine/Software-Eng/Accounting etc. Get a job at a brand name company. Continue working your ass off to impress your manager and colleagues. Switch companies every 3-5 years, to maximize your compensation.
You're not going to be featured in any newspaper if you follow the above strategy. But you can certainly become a multi-millionaire, even in your late 30s.