Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 12-04-2019, 01:57 PM
 
12,547 posts, read 9,934,716 times
Reputation: 6927

Advertisements

Quote:
Originally Posted by Lowexpectations View Post
Even if you did attend college now you might need to craft a rather good story as to why you are a 30 year old plus new graduate who hasn’t worked in a decade.
I think the true story is a rather good story.

 
Old 12-04-2019, 02:04 PM
 
18,547 posts, read 15,584,312 times
Reputation: 16235
Quote:
Originally Posted by eddiehaskell View Post
I think the true story is a rather good story.
Potentially, but you need to give them some reason to think you actually do want to work now. Perhaps do some internships during that college stint, then at least you have SOME real work experience and connections that haven't totally atrophied!
 
Old 12-04-2019, 02:09 PM
 
12,547 posts, read 9,934,716 times
Reputation: 6927
Quote:
Originally Posted by aslowdodge View Post
About three cruises , statements like that make me wonder about the accuracy of his statements.

He’s trying to impress people with what he hopes will make them think he is doing extravagant travels. I see cruises for $169. If there were actually 3 cruises on quality cruise lines that would be more impressive.
He claims he has a 200 a month food budget and has 20k a year of discretionary income.
That’s pretty low but when pointed out he says he sometimes spends $1000 a month. If he did that 4 times a year his discretionary income really is 17,600.

I’m still waiting for him to describe what upper middle class life that he wants to live is like.
My discretionary income is well over double his and I consider my life to be very comfortable middle class, not upper middle class.

If he is happy with his situation that’s fine, but I think most people would not be comfortable with it. But then again many of us have lived life and know how things can change and deem his situation as somewhat risky and very modest. He is still young and has never hit a bump in the road.
Cruises aren’t that fun - what is there to be impressed about?

And remember - I made my last thread in 2013. People said I couldn’t make it. Well...I made it to 2020 and I’m in a better position than 2013.

Tell me what you do and I’ll tell you what I do....

Let’s see how luxurious your life is given your extra money.

I woke up at 2pm today. What did you do?

BTW - I think sleep is my biggest luxury. There’s rarely a day I get out of bed before my body is ready.
 
Old 12-04-2019, 02:27 PM
 
26,191 posts, read 21,583,182 times
Reputation: 22772
Quote:
Originally Posted by eddiehaskell View Post
I think the true story is a rather good story.
Yeah the whole “I didn’t want to work or have any responsibilities for a decade of doing basically nothing but I’m now ready to get after it and work hard” would go over really well with most hiring managers
 
Old 12-04-2019, 02:39 PM
 
12,547 posts, read 9,934,716 times
Reputation: 6927
Quote:
Originally Posted by Lowexpectations View Post
Yeah the whole “I didn’t want to work or have any responsibilities for a decade of doing basically nothing but I’m now ready to get after it and work hard” would go over really well with most hiring managers
I see dedication. And let me tell ya - it takes some. I see a case study in challenging the perceived way of doing things.
 
Old 12-04-2019, 02:42 PM
 
12,547 posts, read 9,934,716 times
Reputation: 6927
Quote:
Originally Posted by Lowexpectations View Post
Yeah the whole “I didn’t want to work or have any responsibilities for a decade of doing basically nothing but I’m now ready to get after it and work hard” would go over really well with most hiring managers
You don’t retire in your 20s by doing nothing.

I worked efficiently and challenged myself to reach an unconventional goal. God Bless America.
 
Old 12-04-2019, 02:47 PM
 
26,191 posts, read 21,583,182 times
Reputation: 22772
Quote:
Originally Posted by eddiehaskell View Post
You don’t retire in your 20s by doing nothing.
You absolutely can retire in your 20s by doing nothing

Quote:

I worked efficiently and challenged myself to reach an unconventional goal. God Bless America.
Cool story but you’ve avoided for years discussing any of the relevant details so I’m going to withhold belief
 
Old 12-04-2019, 02:53 PM
 
Location: North Idaho
32,647 posts, read 48,028,221 times
Reputation: 78426
But look: 88 posts being the center of attention.


You go for it, Eddie and get back to us in 30 years and let us know how it worked out. When you have facts and not promises, you won't meet with such resistance.


I lived off my investments when I was in my 30's, but it wasn't a life of leisure. I worked darn hard.


And adding that $800,000 was a lot more money then than it is now. And $800,000 is a lot more money right now than it will be in 20 years. Money loses value over time.
 
Old 12-04-2019, 03:34 PM
 
Location: Myrtle Creek, Oregon
15,293 posts, read 17,681,555 times
Reputation: 25236
I doubt that anyone in their 30s is experienced enough to retire successfully with such minuscule assets. He would be setting himself up for failure.
 
Old 12-04-2019, 03:48 PM
 
12,547 posts, read 9,934,716 times
Reputation: 6927
Quote:
Originally Posted by oregonwoodsmoke View Post
But look: 88 posts being the center of attention.


You go for it, Eddie and get back to us in 30 years and let us know how it worked out. When you have facts and not promises, you won't meet with such resistance.


I lived off my investments when I was in my 30's, but it wasn't a life of leisure. I worked darn hard.


And adding that $800,000 was a lot more money then than it is now. And $800,000 is a lot more money right now than it will be in 20 years. Money loses value over time.
I came back. Maybe I’ll come back every 5-10 years for an update. Or maybe I’ll make a blog on how X amount of money can allow for retirement in America.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Closed Thread


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics

All times are GMT -6. The time now is 07:02 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top