gambling, once I got over the jitters of making larger bets that's all I did, large bets on all sorts of sports. |
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Nope--he wasn't that rich. Just richer than a typical janitor would be. My own dad worked his way through college through a tuition remission from his job (finished when I was a teen) and I got scholarships, student loans and work-study--went to a college that was less selective than my stats and got a substantial merit award. My parents contributed 2K a year and I saved up 4k/yr from work in the summer and school year (in addition to my work-study I also did weekend catering for weddings etc. at the school where the tips were pretty good for the time). My loan burden at the end was just under 18k. I didn't ever think of cashing in the DRIP stocks and always contributed 10% of whatever I earned. |
No, my husband started in marketing then moved up into general management and then he became a CEO at a series of larger companies. He also invested in the turnarounds he ran and the last two were very successful. One returned 10x in about 5 years. |
How old were you when you became a millionaire? with my husband, we had $1 million in net worth when I was 38. We repaid all our debt plus saved 15 - 20% the first few years until we had kids lol.
What line of work were/are you in? Law. Went from negative net worth (school loans) at 25 to first million 13 years later Did it significantly change your lifestyle? No we still live in the single family house we bought before we became millionaires and we have a few more million now. |
Actually, a little bit different. He continued to invest for some years every time Apple hit some lows. He told all his friends and family to invest. Those who dared got the jitters and sold years ago, and did not make much at all. It takes guts to hold stocks when the market does its usual roller-coaster runs, and beyond that, it takes significant understanding of the industry you're investing in to know when to buy, when to hold, when to get out (which we've never done). I'm in Amazon and similar tech myself. |
I was born one. Inherited it. |
Sex work. 27. |
Regular job. Maybe 30.
Last five years added $15M. Dumb luck. |