Seven-Figure World Wonder

mpnsoft
Sun, 16 Apr 2006 12:47:29 +0000

Read these books:

http://www.amazon.com/gp/product/1563523302/002-8128416-8781627?v=glance&n=283155

http://www.amazon.com/gp/product/0740718584/ref=pd_bxgy_text_b/002-8128416-8781627?_encoding=UTF8

“The Millionaire Next Door” (1996) & “The Millionaire Mind” (2001) are not “How To” books. They may however, correct some of your misconceptions about millionaires. They may also provide some keen insights. BTW, you’ll have a tough time buying that $15M house on a $1M salary. With an “after tax” net of approx $50,000/month, it will take 3 years just to save a 10% down payment (provided you remain frugal). But, you still won’t be able to afford the monthly mortgage payment on a 30 year mortgage. Of course, don’t forget your maintenance costs. There’s insurance, heating, electricity, etc. And I suppose you’ll need to furnish it as well? And eat?

After you’ve read them, then perhaps you can make a more informed decision about your career goals. BTW, someone on this thread mentioned becoming “MD” at GS. My brother-in-law is a Managing Director at Credit Suisse. He works 24/7. I wouldn’t trade places with him.