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2
Posted on 7/16/14 at 9:43 am to CidCock
quote:My one in college got highest TOPS, others should follow. Even with TOPS paying the tuition and a small stipend after you add books, apartment, bills, fees, etc etc etc is still a lot.
but it will be a state supported school. I worked hard enough to get an academic scholly, hopefully my kids will do the same
PS - TOPS might account for about 1/3 of the overall expense if I had to guess.
This post was edited on 7/16/14 at 9:46 am
Posted on 7/16/14 at 9:44 am to Goldrush25
quote:
Why would you not want to work again? Gives your life purpose, assuming you kinda like your job at least.
I don't dislike my job, was more interested in what people thought it would take for them to not NEED to work.
Posted on 7/16/14 at 9:45 am to LSUBoo
I just think kids should put themselves through college. My parents took care of me while at LSU, but now I'm on my own working full time while a full time student.
Makes me value it more and regret taking my parents money.
Makes me value it more and regret taking my parents money.
Posted on 7/16/14 at 9:47 am to pointdog33
quote:
3 million would do it for me
Posted on 7/16/14 at 9:50 am to Richard Castle
But what if i still want to work?
Id like to be able to invest enough that i make 100k a year on interest and still work a job I enjoy that I dont have to be concerned about how much they pay me
Id like to be able to invest enough that i make 100k a year on interest and still work a job I enjoy that I dont have to be concerned about how much they pay me
Posted on 7/16/14 at 9:57 am to LSUBoo
quote:
This thread is helping convince me that one kid is enough.
I feel that way but the wife doesn't. Kids are insanely expensive. I think in general women and children are the most expensive investments you can make in terms of long term purchases. Getting married is just a life long bet for half your shite that you can put up with this woman forever.
Posted on 7/16/14 at 10:00 am to TigerHam85
quote:
Makes me value it more and regret taking my parents money.
you should pay them back
Posted on 7/16/14 at 10:21 am to CidCock
There is no number for me - I will always spend just a little more than I have. I have 30K in credit card debt and no savings account.
Posted on 7/16/14 at 10:22 am to 911Moto
quote:
I have 30K in credit card debt and no savings account.
Aren't you on disability too?
that's awesome
Posted on 7/16/14 at 10:30 am to 911Moto
quote:85% of Americans including governments operate like this. (Not knocking you just saying..paying interest the American way).
I will always spend just a little more than I have. I have 30K in credit card debt and no savings account.
Posted on 7/16/14 at 10:35 am to PhiTiger1764
I would be living like a king if I had no bills and didn't have to pay $900 a month daycare
Posted on 7/16/14 at 10:43 am to CidCock
5MM, but I would probably still work in some capacity(build spec homes, flip houses.) My hobbies are too expensive to do all the time. Otherwise, I would sit at home and become a fatass.
Posted on 7/16/14 at 10:47 am to CidCock
30 million
1. Invest 10 million
2. Buy private island with 10 million
3. Blow 10 million on hookers and coke
4. Profit
1. Invest 10 million
2. Buy private island with 10 million
3. Blow 10 million on hookers and coke
4. Profit
Posted on 7/16/14 at 10:51 am to CidCock
737,000
Posted on 7/16/14 at 10:55 am to CidCock
40 million
Posted on 7/16/14 at 11:00 am to CidCock
quote:
How much money would it take for you to never work again? Assume, you can earn a maximum of 5% annually on any investments.
$1M probably/ Would I be more comfortable with more? Sure, but I could easily live on ~$50K/year. As long as I'm making that 5% and only spending the interest each year, I am getting $50K, plus have a million $$ in the bank.
Posted on 7/16/14 at 11:05 am to CidCock
quote:
Assume, you can earn a maximum of 5% annually on any investments.
Why?
If you quit your job and your only focus was investing your money at the highest return you should be able to get more than double that.
Posted on 7/16/14 at 11:06 am to Robin Masters
quote:
You should be a stay at home dad and let your wife worry about making money. You sounds like a giant pussy and I weep for the future. Get $2large in the bank and...retire? That's just enough to really have some resources and then make some serious coin! You don't retire at 30. Wtf!
What the frick are you blathering about?
this is a hypothetical thread on an anonymous message board....I weep for our old people.
Posted on 7/16/14 at 11:08 am to Goldrush25
quote:
Why would you not want to work again? Gives your life purpose, assuming you kinda like your job at least.
What if you want your life's purpose to be seeing everything in the world that you can experience instead of working? Wouldn't that also give you a purpose?
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