Reply to When do you tell kids about family money?

Forum Index » Money and Finances

Reply to "When do you tell kids about family money?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]I wonder how people get so wealthy. I'm an immigrant and came to this country on my own with no money, dh comes from no money. I'd say we do well, in the sense we never have to worry about having money to pay for what we need, we have savings, we invest...But I don't see us ever getting to the levels described here.[/quote]

Many get there by working at companies where part of your pay is Stock options.  It's even more productive if you work for a startup company/private small company---in return for a much lower salary, you have the promise of stock options.  Sometimes, it works out.  Othertimes it doesn't.  But those start up companies often mean working extremely long hours (70-80 hour weeks), not bonuses (where a stable tech job would provide that and only a 40-50 hour week), and not knowing when you could simply be out of a job because they are out of money.  
In return, if you manage to stick with one and they go public, you can finally sell your options.

Some do it as high powered lawyers or finance.

[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics