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07-16-2009, 12:47 AM
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#16 | | Member
Join Date: Oct 2008 Location: Da Boot
Posts: 325
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In these uncertain economic times, I'll take all the job security I can get, no matter where it comes from, lol.
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07-16-2009, 01:16 AM
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#17 | | Member
Join Date: Jun 2008
Posts: 684
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Here's the only career advice a person needs:
Find a job that a) you enjoy, b) you are good at, and c) pays you what you are worth.
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07-17-2009, 01:41 PM
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#18 | | Junior Member
Join Date: Jan 2009
Posts: 71
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Forever: I couldn't disagree more... lol wow, that's a first. but i'm going to put it in your context since you're religious. i would assume you were taught "money is the root of all evil growing up." I would go as far to say i'd pull a 180 degrees on that statement. "the absence of money is the root of evil." you said it yourself... your parents had plenty of money to support you growing up, so you've never had to worry about it. so much in fact, you have a "i'd be happy poor" mentality. i'd challenge you to walk in someones shoes who wasn't as blessed as you; i can guarantee you would edit your post asap. when you've hit rock bottom, you try to make as much as you can in order to not return. the larger the amount of income flowing in, the larger the cushion is; so you don't have to go back to that way of living. it's like a tornado; you want to get as far away as possible. when the coast is clear, you still run like a bat out of hell.
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07-18-2009, 10:26 PM
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#19 | | Member
Join Date: Oct 2008 Location: Da Boot
Posts: 325
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No, "The love of money is the root of all evil", you got the saying wrong, lol. If you haven't realized that half of what I mention is pure BS than what am I doing wrong. What I should have said is that people should pursue a career based on the fact that they enjoy, find it interesting, ect. Money is not the sole cause to pursue a career. I've known people who could have played profession basketball in the NBA but turned down the money so they could focus on having a family and not be traveling around the US 3/4 of the year. Let me say this, a person should pursue a career that achieves their top priorities in life. Obviously, if you are concerned about family, relationships, ect, then don't get a job that will take you away from that. No amount of money will make up for not spending time in what you love. Money definately makes life easier, but it should not be a person's motivation in life. For example, I knew of a lawyer who quit his job in law to take up a job trucking. He did this because he didn't care about the money, but wanted to travel. That was what fullfilled him. All he wanted was enough money to live a modest lifestyle and get to see the country. Do whatever completes you.
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07-18-2009, 11:19 PM
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#20 | | Senior Member
Join Date: Oct 2007 Location: San Jose, CA
Posts: 1,053
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sell your body
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07-19-2009, 04:26 AM
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#21 | | Member
Join Date: Jun 2009
Posts: 358
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Money is really not a very good motivator. If you think about it, how many of the most successful people you've heard of are actually motivated by money? Bill Gates? Warren Buffett? These guys could have retired years ago with more money than they could ever spend. Clearly they are not in it for the money.
I'm not saying money is evil, but if your goal in life is to make money, you will not get very far.
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07-19-2009, 08:09 AM
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#22 | | Member
Join Date: Mar 2008
Posts: 348
| Passion, preparation, planning.
The most successful and happiest people I have encountered were those who pursued their passion, with the mindset of making a living vs. making alot of money, lived under their means, planned well financially and capitalized on nurturing their personal and professional relationships. Many of these people, in a myriad of professions, went on to be well off or even wealthy, but in most cases, they were still the same people, with the same values, pursuing their passion, planning financially, living under their means and enjoying the relationships they had fostered (family, friends and professionals). Some had a larger house, bigger boat, etc. but many did not - they were busy still being fiscally sound and giving back through volunteer work and donations to those institutions and associations that had helped them to get to where they were.
Passion first.
Preparation next.
Planning throughout.
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07-19-2009, 11:19 AM
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#23 | | Junior Member
Join Date: Jun 2008
Posts: 67
| Quote: |
I'm not saying money is evil, but if your goal in life is to make money, you will not get very far.
| This is what usually happens when someone asks a question. Awped injects his unsolicited opinion and fails to provide an answer.
There are plenty of people whose goal is to make a lot of money, and they make a lot of money. What do you think the motivation is for a large percentage of people on Wall Street?
Thanks for the zero value add, Awped.
To answer your question, obviously doctors and lawyers make good money, but working (in some capacity) on Wall Street allows you to make it faster. There are few opportunities to make over $100,000 your first year out of college besides working on Wall Street (specifically, an investment banking analyst at a major firm).
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07-19-2009, 04:14 PM
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#24 | | Member
Join Date: Jun 2009
Posts: 358
| Quote:
This is what usually happens when someone asks a question. Awped injects his unsolicited opinion and fails to provide an answer.
There are plenty of people whose goal is to make a lot of money, and they make a lot of money. What do you think the motivation is for a large percentage of people on Wall Street?
Thanks for the zero value add, Awped.
To answer your question, obviously doctors and lawyers make good money, but working (in some capacity) on Wall Street allows you to make it faster. There are few opportunities to make over $100,000 your first year out of college besides working on Wall Street (specifically, an investment banking analyst at a major firm).
| This is what usually happens after I make a post. Duke500 sees my username and immediately feels threatened and emasculated because he is reminded of the fact that he could not get into an Ivy.
He then decides to makes a pointless sarcastic remark about what I wrote that also adds zero value to the forum and similarly fails to answer the OP's question:
"What are some careers that pay well, outside of medicine/law/banking? "
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07-19-2009, 04:36 PM
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#25 | | Junior Member
Join Date: Dec 2008
Posts: 80
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What do you think the motivation is for a large percentage of people on Wall Street?
| I would guess that the most successful and respected people (on Wall St or elsewhere) are not motivated simply by money. Would someone with $1B net worth really be motivated by the thought of making some more money?
Why does someone like Paulson, who is 63 and has a net worth of over $700MM, take a job in the public sector? If Soros cared so much about his money, why has donated over $6 billion to charity?
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07-19-2009, 04:51 PM
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#26 | | Junior Member
Join Date: Jun 2008
Posts: 67
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Why does someone like Paulson, who is 63 and has a net worth of over $700MM, take a job in the public sector?
| Because by doing so he was able to cash out ~$500MM of his stake in GS without paying taxes on it. Quote: |
By accepting the Treasury post, Paulson is poised to take advantage of a tax loophole that allows government officials to defer capital gains taxes on assets they have to sell to avoid a conflict of interest, as long as the proceeds are reinvested in government securities or a broad array of mutual funds approved by the government within 60 days.
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After all, if he were to completely divest himself without any tax relief, he would be staring at a tax bill of well over $100 million, Willens says.
| A Loophole For Poor Mr. Paulson - Forbes.com
Money runs Wall Street, clearly. There are exceptions to the rule, but the bottom line is the bottom line, pun intended.
Awped, you are embarrassing. I chose Duke over the two Ivy League schools I could have gone to-- I hope you're having fun at your trade school (to which I did not apply.)
You're probably in the CorpFin or Ops group. I'd be jealous if I were you too.
Last edited by duke500; 07-19-2009 at 04:57 PM.
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07-19-2009, 05:18 PM
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#27 | | Junior Member
Join Date: Jun 2008
Posts: 67
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Urbandictionary definition of "Awped" Quote: |
usually used in games such as counter-strike, mean when someone kills u with the large gun known as the awp..or b46
| Urban Dictionary: awped
God, you must be a loser (prob a "1337 hax0r" as well.)
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07-19-2009, 11:17 PM
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#28 | | Junior Member
Join Date: Oct 2008
Posts: 182
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In California; just a few selections
I think these careers pay well for what you do
No/some college:
Real estate ($DOE, I know a few who make over $100K while I know others that make $40K)
Air traffic control (hard to get, but 6 figure salary)
Police officers ($55K-125k)
Team Truck driver($110k+)
Firefighters
Bachelors+:
K-12 Teachers($48k-90k where I live, but only work 182 days a year).
Community college professor ($50-110k DOE, work like 20 hours a week)*
*I took an intro to philosophy class with this professor. All he did was talk about his 800 girlfriends and other weird life experiences (lies). At the end of class he'd throw in a few things about philosophers and other concepts. He worked full time at one CCC and part time at another, and was making about $130k a year. If you don't believe me, look at the salary schedules at various CCCs in the LA area. It's public information.
There are a whole lot more, just look around on Google.
Last edited by rpicton; 07-19-2009 at 11:26 PM.
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07-20-2009, 12:04 AM
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#29 | | Member
Join Date: Jun 2009
Posts: 358
| Quote:
Urbandictionary definition of "Awped"
Quote:
usually used in games such as counter-strike, mean when someone kills u with the large gun known as the awp..or b46
Urban Dictionary: awped
God, you must be a loser (prob a "1337 hax0r" as well.)
| hahaha attacking usernames now? That's pathetic even for you duke500
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07-20-2009, 10:10 AM
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#30 | | Junior Member
Join Date: Jun 2008
Posts: 67
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Almost as pathetic as going to trade school for finance and then not getting a front office position.
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