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[quote=Anonymous]I fully expect to get lambasted for this -- but feeling like such a loser as a friend of mine bought of gorgeous $4 million apartment in Manhattan -- high floor, luxury building, views, etc. -- as I sit in my one bedroom rental in Va. Normally I don't care about these things as I'm comfortable with my financial decisions and bc I know there is hedge fund/banking money in NYC so those folks do buy property young and then upgrade to gorgeous places in their 30s when their other -- not hedge fund -- friends are just starting to scrape together $600-700k for a one bedroom in a regular doorman building (which is the boat I'll be in if I return to NYC).

These guys though -- I just don't get it. We got to be friends while we were both in biglaw in NYC. She stayed about 5 yrs. She wanted out immediately bc she hated the lifestyle, hours, and found the work "too hard." But it's not like she was saving every penny of her biglaw money -- she and her DH were living large then too, living in a $1.5 million pad that they bought. She then left biglaw and went to be a human resources manager at a consulting firm (think BCG; Bain; McK). I'm sure it pays well but how well can it be compared to her previous job?? She brags all the time that the new job is great bc she works for consultants who are gone 4 days a week so it doesn't matter if/when she strolls into the office and she doesn't have to "use her brain" at this job. Her DH is at a consulting firm but big 4 consulting -- not Bain/BCG; just made manager about a yr ago. So either I'm doing something wrong in my nearly decade long slog thru biglaw to inhouse; or I'm way way too financially conservative and should be buying property, taking out equity and upgrading to better ones and/or using risky mortgage products; or her wealthy family overseas just handed her the type of apartment that you'd expect Bloomberg's kids to live in . . . and I'm left thinking, wow regular people never get ahead.[/quote]

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