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Re: How do you guys make all your money? Drug mone (archive)

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Posted by CP on October 15, 2001 at 15:39:46:

In Reply to: How do you guys make all your money? Drug money?? posted by eleison on October 14, 2001 at 16:27:53:

You sure tickled a nerve and got a ton of great responses. I agree with most everybody that working hard is a common key. I would also suggest that you work smart.

I have had 3 totally different careers. (Nuclear engineer, tax CPA, and now an architect) I can tell you that your education will only carry you through to your second job. Beyond that, it's which field you choose, enjoy, and can excel in. Be a problem solver (not problem creator), be a team player, be super-organized, master multi-tasking, and write well. These attributes are just as important as any technical skills in any job setting.

Be patient, most of the time, if you deliver in your job, your rewards will come, and soon. I believe in a very stable job to pay my mortgage, and use my excess time, energy, and passion to do what I like. In my case, I've always design homes even when I was an engineer, or CPA. Now I do it full time. It's the best gig I've ever had. And yes, you can be a millionaire that way. Few people earn a million dollars (Uncle Sam takes too much at that income bracket). But your home and stocks can easily get you there (especailly homes here in California).

I don't buy cars on credits, and I don't carry any balance in my credit cards. Actually I don't have any loans except for a mortgage. (a car lease may be ok if it's tax deductible to you) So save, be comfortable with your spending, and then enjoy life.

Oh about the M5. When I drive the M5, I know that all my hard work is worth while. That's what the car means to me. It's the best thing I've ever done for myself.

Good luck.

CP

Hi All,

I've been trolling this message board for the last few days - usually I'm on the 3 series board (I own a 330i). In any case, a while back someone said that they made a ~200k a year and YET he was disappointed with his income.

I'm 25yold and I was wondering - how the d*mn, do you get into the position of making that much money. Obviously, I am 3series owner and don't have the wisdom that m5 owners have. Maybe you guys can shed some light into this subject (or is everyone here buying their m5 and forgoing nice appartment, food, etc :-) After all according to the "million dollar mind" most well off people avoid buying such expensive cars.





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