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      11-19-2007, 11:20 PM   #1
Excellence
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How to make big money?

I just realized people on E90post aren't as broke they say they are... Many of you guys have 335s and many other nice cars. So spit it, wheres the money coming from?
What good paying jobs are there? Or how are you guys making your income to afford such nice cars?
Anyone wanna give me a few tips

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      11-19-2007, 11:41 PM   #2
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I was just thinking the same thing after reading BallzZz's post on impulse purchases. Being a college student I can only drool over most of these mods/toys... but some day I'll join the ranks (pre-med).
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      11-19-2007, 11:47 PM   #3
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work hard, play hard. i'm a CPA
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      11-19-2007, 11:56 PM   #4
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jack the bank, cash ftw!!!
i'm bank jacker!!


just kidding
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      11-19-2007, 11:58 PM   #5
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im guna have a thread up after i fix my driver door, some one keyd it, and ill explane how i make money! jelouspeople at school....wait untill i find out who
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      11-19-2007, 11:59 PM   #6
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Most of the multi-millionaires or billionaires don't work 9-5 jobs. The number of billionaires over the past year almost doubled. There was a large growth of young hedge fund managers that capitalized on the upmarket from the past 4 years.

It really depends on how high you want to shoot. I know people who work 9-5 jobs and make over $300k a year, but then I work in a global wealth management group where most the my coworkers show up to the office 1-2 days a week and work irregular hours, spend most of their time golfing with clients, and make millions a year.
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      11-20-2007, 12:03 AM   #7
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See, how do you land a job like that? Do you have to be born into it? ..Get lucky? ..Kiss some serious butt?
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      11-20-2007, 12:06 AM   #8
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Right now with most financial industry firms taking huge write downs, the "hiring spree" of the last 3 years might be slowing down.

Before that, most firms would hire almost anyone. College degree, financial background or experience, strong sales experience, and good with people. Usually they'll take care of the rest. Be warned however, the success rate is about 1/10.
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      11-20-2007, 12:09 AM   #9
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Yeah thats really true, now a days the whole hiring process is much longer and people are carefully screened. It's hard to get a job let alone get a high paying one. But I've also noticed that many members on e90post had they're cars given to them by their parents. A good 10-20% of the members are still in highschool with their 335s'!
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      11-20-2007, 12:14 AM   #10
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It's pretty hard to get a high paying job right off the bat. My philosophy: I'd rather spend very little early and invest, and be able to enjoy much more money in the future. The law of compound interest dictates that saving a little now will pay off greatly later.

You don't necessarily have to have a 6 figure income to become a millionaire as long as you manage your money and invest well.
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      11-20-2007, 12:21 AM   #11
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Still in HS. Take a guess.
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      11-20-2007, 12:55 AM   #12
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i think there's 3 categories of owners here:

1) HS students that had their parents buy the car
2) recent college grads that still live at home that were able to purchase the car themselves or with a little help
3) somewhat older group that's been in the work force for quite some time and are pretty established. probably 26 or 27+ yrs old


so for the folks that had their parents purchase their car, i honestly dont know how they afford such "impulse buys". they're still in school with part time jobs probably paying $10-$15/hr. i can only come up with a few options. they are really good with savings, have a very generous allowance, has a "side" job or are gonna die in credit card debt.
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      11-20-2007, 12:58 AM   #13
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4) College student who got massive scholarships that helped pay for the car
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      11-20-2007, 12:59 AM   #14
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Quote:
Originally Posted by Alpine View Post
4) College student who got massive scholarships that helped pay for the car
cant turn down a free car. i was just stating more of the common classes of owners. although i really like the sound of yours!
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      11-20-2007, 01:57 AM   #15
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Rob a bank.
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      11-20-2007, 04:09 AM   #16
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Quote:
Originally Posted by Alpine View Post
4) College student who got massive scholarships that helped pay for the car
haha i spent my scholarship money on school things

i am a failure to e90post
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      11-20-2007, 05:39 AM   #17
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i unfortunately deal with drugs in teh hood.
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      11-20-2007, 07:33 AM   #18
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Quote:
Originally Posted by Excellence View Post
Anyone wanna give me a few tips

yeah, buy low, sell high........
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      11-20-2007, 07:44 AM   #19
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the number 4 category is lumped with the number 2 category.

Whether you get a scholarship and buy a car with the money is irrelevant - You're still getting subsidized in lifestyle by the parents (not at all a bad thing)
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      11-20-2007, 07:58 AM   #20
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I work for the world's largest retail grocery store chain.

I hate it...but it pays.
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      11-20-2007, 07:59 AM   #21
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Bet big, win big.
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      11-20-2007, 08:04 AM   #22
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Education is key, but some of the smartest people in the world make peanuts. Every successful person I have ever dealt with have two things in common... personality skills that go way beyond the norm, and an ability to handle stressful situations well.

If you are one of those people that can take a stressful situation (like a client just decided to move to another company) and not freak out and give up, figure out a way to make it work to your advantage, or even reverse the situation by being calm and working it the most logical way, your golden.

If you can go to a social gathering (without being a drug dealer or obviously being the class clown) and people just are drawn to you as a leader like moths to a light yet they have no idea why they are drawn to you, then your golden.

These are the people who seem to make the most money, and usually it appears they aren't really trying. Thats why people think that extremely successful people just golf and make millions... they are actually working to the point where they are missing out on family time and real friends. I am currently in the top 5 to 10 percent of earnings in the country, but still considered to be middle class based on my collegues that make 5 times what I do. I can still afford to go out and buy a new car on a whim, but not pay cash like some of these guys do. I prefer to be home for dinner and have time on the weekend to play with my kids... basically I have the perfect life as far as I am concerned.

James
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