Reply to How do all of you make these $200k salaries???

Forum Index » Jobs and Careers

Reply to "How do all of you make these $200k salaries???"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][b]You simply can't become rich working for someone else.[/b] Even if you do make a lot of money, it will wear you off. Wealth is determined by your assets. NOT salary.

Get to know local real estate brokers in DC. Get to know bank managers for fast loans processing. Ask brokers for regular updates on all 2-3 units investment real estate townhouses in good areas. Buy something at a mm, invest 200K, and rent it out. With balloon mortgage loan it will pay off in 10 years. At your 300K salary you can buy 2 projects like that and become asset rich in 10 years, adding net rental income to your salaries[/quote]

I'm happy I understood this at the age of 18.

Unless you're and early employee at an successful startup (facebook, airbnb, google, amazon, ect) the chances of getting rich are slim to none..

You have to start an economically viable business.[/quote]

I’m not trying to get rich, just want to support a middle class DC lifestyle on one salary. [/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