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Do you make over 120K? What did you do to get there?
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Anonymous
Wow, how do you make that kind of return? Is that return still on the $500k principal? |
Anonymous
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"Here we go again......."
"No kidding! It's so obnoxious" WHEN does it end? NO WONDER they are miserable! Also: "Inherited 500k, invested it and no longer work. We make 20k - 30k a month on our investments/trading/rentals." ROFLMAO! Don't forget dealing crack! You people BELIEVE this sh**?!?!? I think I may be done with DCUM, even for entertainment value. Still laughing..... |
Anonymous
| I'm an analyst for the Federal government. I worked for non profits for a few years out of college, got a masters, and have been at my current job for almost 6 years. I'm lucky to be in an agency that promotes quickly and routinely. The work is demanding, yes. It's not a job that can be accomplished in 40 hours/week, and not one that can be turned off when you go home. But I think it's high impacty, important work, and that's important to me. I don't see my daughter as much as I'd like, but I also don't get to throw myself into my work the way I did before becoming a parent. It's been a sacrifice on both sides. |
Anonymous
Also curious--50-70% return? |
Anonymous
| I'm a Lt Col (05) in the military and make over $120K (includes cost of living for DC). Took me 16 yrs to reach this grade. My gov't civilian counterparts (GS-14/15) also make over $120K but they also have 10-15+ yrs experience in their field. |
Anonymous
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I'm a policy analyst and work for a DOD contractor. I made a major life switch from management consulting five years ago when I realized that I didn't care who a dog food company merged with, was tired of traveling all the time, and my job wasn't satisfying anymore. I have 12 years of experience in the work force and think I make this much b/c I started out with a relatively high salary in the private sector and took a bit of a pay cut to do the govvie/wonky/policy stuff that I love. I my base is $125 K but I work 4 days a week so it's just about $100.
I agree with you OP. I paid my dues in my 20's and worked my ass off. I can't say that I enjoyed my 20's that much since it was a blur of high stress mostly unhappy jobs. But I now make a pretty good living doing something I love, which I think makes all my younger angst worth it. I probably would have started out in gov, maybe on the Hill, if I had to do it over again, but se la vie. |
Anonymous
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Sales operations.
No college degree, school of hard knocks. PT (24hrs week) and I make 100K, but would make 66K more if I worked FT. I've been in the field for 6 years and started entry level. In my arena, a college degree does not mean anything. What counts is being able to get things done by being persistent, organized, and knowing how to maximize profit margin. I can easily quantify how much money I make the company and how much I get paid in salary in terms of how much additional margin I can squeeze out of deals we close. You learn this in the field. |
Anonymous
My husband trades currencies and on a good day he can make $7 - $10k. We own three rental properies and the profit on them is $10,000 a month. Two are two-flats in Chicago that we rent out for four times the mortgage, the other is a beach rental in Bonita Beach, FL that brings in close to $40k profit a year. The rest of our money is all tied up in DH's trading. |
Anonymous
| I don't make over that threshold but DH does...he's in sales for a large company. Works pretty hard but generally home by 5:30/6:00. He could make more with more work put into it of course though (commission). Took probably 3 years out of college for him to hit around the $120K benchmark. It's gone up since then but not by tons. |
Anonymous
Glad you are amused. The inheritance was 20 years ago. Still funny? So yes, we invested and make tons of money now. |
Anonymous
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Still funny! We'd like to buy you, though. |
Anonymous
What she said, although I'm not her! I don't work weekends and generally leave on time, although not always. I don't want to work in an international organization either because I don't want to have to go on 2-3 week missions on other continents. |
Anonymous
We bought an investment property 20 years ago and only recently started to break even. Property prices generally follow rental prices, plus you don't get some of the tax breaks (except for that depreciation write-off, and I hope you're not counting that as income because it's paper and will vanish when you sell). So unless you guys are slumlords, this just doesn't ring true.... And a currency trader who makes $7-10K a day? Unlikely. I know a bit about currency trading, and I guess my next questions are, how much $ does he trade a day, and how much does he lose on a bad day? |
Anonymous
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" (except for that depreciation write-off, and I hope you're not counting that as income because it's paper and will vanish when you sell). So unless you guys are slumlords, this just doesn't ring true....
And a currency trader who makes $7-10K a day? Unlikely. I know a bit about currency trading, and I guess my next questions are, how much $ does he trade a day, and how much does he lose on a bad day?" Exactly. We are actually not all stupid. Surprise! Maybe we'll buy AND sell her? LOL! Addtionally, I just can't believe all the posts consumed with all but "get rich quick and with little effort" schemes or hopes. Naive, truly naive. If you want a job with "all that pay and not the hours", the time to think about it was when you were still in high school. See, all that time spent playing Mean Girls really wasn't worth it. Is that becoming clear now? NOW? |
Anonymous
We have over a million in trading which allows us to leverage ten million, so yes, we do make that kind of money. If you know anything about trading currencies you know how that works, right? My two-flats in Chicago were purchased 18 years ago, cost me $3000 total in mortgages. One has two apartments, the other has two apartments and a basement that is rented. The basement rents for $2000, the other four range from $2500 to $4000. Are you familiar with Chicago, and the area called River North? If not please don't assume we aren't making a killing. We are no where near slumlords, out properies have been updated twice and are always rented. One rental covers BOTH mortgages. In addition to the apartment rentals we rent the garages out as well to the renters, which is standard practice in Chicago. One month of rental fees on the FL house pays the mortgage for the entire year. The rest is all profit. |