Friends with big jobs

[Anonymous]

How did you make this at a government job? Did you have doctor pay? Title 42?

Anonymous wrote:I’m not really impressed by the titles or even the earnings. A lot of these people make only $200-300k, which I made at a government job. I retired early, and now make $500k to $1 million/year trading stocks.

[Anonymous]

Anonymous wrote:I’m not really impressed by the titles or even the earnings. A lot of these people make only $200-300k, which I made at a government job. I retired early, and now make $500k to $1 million/year trading stocks.

I make $500K-$1M/year in index funds.

[Anonymous]

Anonymous wrote:How did you make this at a government job? Did you have doctor pay? Title 42?

Anonymous wrote:I’m not really impressed by the titles or even the earnings. A lot of these people make only $200-300k, which I made at a government job. I retired early, and now make $500k to $1 million/year trading stocks.

This is a troll, no one reliably makes $1M year trading stocks and posts about it DCUM.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Meh - honestly I find being a director at 40 or partner or whatever just a reflection of basic intelligence, hard work, and competence. Most of my friends have been in their industry for 15 - 20 years at this point and have reached that level, it is not particularly impressive. I'd like to think if I had been doing the same type of thing in the same type of industry and had decent brains and work ethic I would be at that level in whatever path I took. The only people I know who aren't at that level floundered or could not work hard or learn to write well or do xxx, or they went into professions that do not really have that type of movement, like classroom teaching, nursing, etc. I think not being at that level at this age while being in that type of industry is a red flag.

Great, I am 40 and still a manager. My lack of intelligence is why I need to come to this board to learn about these things.

I don't think this is lack of ability, intelligence etc. but part of this is knowing how to play the game, leaving comfortability to move upwards on a more rapid timeline. For instance, if my DH had stayed at his first private sector job after the government, the promotions would have been slow and he would likely be a senior manager at 40. But he moved companies 4x in 15 years and got salary bumps of 25% to 50% each time, this includes RSUs. He now makes 400k at 40 instead of 180k. You have to also be able to take risks if that is required in your industry.