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re: Net Worth at 30

Posted on 7/28/13 at 6:37 pm to
Posted by Skin
Member since Jun 2007
6370 posts
Posted on 7/28/13 at 6:37 pm to
quote:

By 30 a professional should be somewhere around 1/2 million dollars net worth.


With no help from daddy? No way. Thats maybe feasible for 1% of the population.

I don't know about you but I went straight into grad school after my bachelors. I didn't land my first real job until 24 (and debt free). That leaves 6 years to accumulate $500K in net worth, all while going through a recession. Thats one hell of an income in those 6 years and one hell of return on investment.
Posted by SmackoverHawg
Member since Oct 2011
27389 posts
Posted on 7/28/13 at 6:47 pm to
quote:

With no help from daddy? No way. Thats maybe feasible for 1% of the population.

I had very little help from mine. He is a doctor, but he's only 16 yrs older than me. By the time I started school he was just getting out of debt and couldn't do much for me. Bout all I got was a work ethic. Which is by far my most valuable asset. And the mindset that I can do it. I see all of you questioning people's success and making excuses for your lack of personal achievement. ( not necessarily you). I've never done that. What I did it educate myself, bust arse and learn from those who have done well before me.
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