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re: Life as a Lawyer Advice Needed
Posted on 3/29/24 at 12:19 pm to meansonny
Posted on 3/29/24 at 12:19 pm to meansonny
quote:
So I'm just going to say it...
$35k is a lot of money for a 20 year old.
Invest it at 20 and tell me if you regret it 35 to 45 years later.
The most powerful "controlled" element to compound growth is time.
Now do compound growth for making $50-100k more per year over just the first 5 years of that 20.
1
Posted on 3/29/24 at 12:41 pm to SlowFlowPro
quote:
Now do compound growth for making $50-100k more per year over just the first 5 years of that 20.
How old is one with a law degree?
$35k with a 3 year head start versus $50k before taxes is still a big deal.
Your response implies that she is guaranteed that extra $50k to $100k for attending Tennessee or South Carolina versus attending LSU.
I'm not being Argumentative. Or presumptive about the jobs coming out of Tennessee vs LSU.
I am laying out opportunity cost in a more comprehensive fashion.
LSU saves $35k real dollars per year.
There is guaranteed opportunity with that scenario.
If you have something that points to a strength of argument for $50k to $100k more per year after South Carolina, im sure the OP would appreciate it.
This post was edited on 3/29/24 at 12:42 pm
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