Opportunity cost

[murray t turtle]

There’s countless ways to make money these days without having to work 12 hours a day. I think they say millionaires have 7 different income streams.

I bought a few 3 family homes when I was younger. Still have them, do all the required work and enjoy it. Definitely doesn’t take me 12 hours a day.

I started mowing lawns around that time and still do it to this day. And I bet my net worth is more than every client I have.

Had a trading blog years ago and was making a couple hundred from ad revenue each month.

Still trade the morning session in the indexes.

Long story short, if you feel like 12 hours working for the man is slave labor, then stop posting on these boards and take action. Little baby steps.

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Good points i used to cut lawns when younger- its still good exercise to cut mine.Find some thing that you enjoy, for 12 hours .Options are a good start in the sense they work your brain; but i like dividends, on some of my stocks or growth thru sideways/slop chop........ I felt like a slave working for someone else;much better to slave [work well/work much]in a small capital co. Wall Street calls one billion or less small cap.BUT whatever the cap i did not do that well working for some one else.LOL Save your money+ learn about elephants, they use them for logging in Asia + we follow elephant tracks in US cash stock/ETF markets.

 

[Aquarians]

I don't know what to make of your posts.

Are you living in a third world country or maybe you are working in your family business? If it is the first, perhaps you need to find a way out. If it is the second, maybe you need a heart to heart talk. Don't forget, if there is a will there is a way.

Good luck and best wishes.

European Union, Eastern Europe country, so neither first nor third but in the middle. By income I'm in the 75% bracket for a software dev in London and 90% in the UK so opportunities for *easily* finding something that pays more are non-existent.

Everyone compares developer salaries with New York and Palo Alto but if you look there, the *median* is way above 90% in London, which is the only place in Europe that stands somehow to these two. So you don't really have to be exceptional to make the median, but you have to live there.

But since there's a whole World outside these two places and not just a barren desert, making their median in another place requires not just exceptional skill and the right connections but mostly a ton of luck.

 

[ironchef]

European Union, Eastern Europe country, so neither first nor third but in the middle. By income I'm in the 75% bracket for a software dev in London and 90% in the UK so opportunities for *easily* finding something that pays more are non-existent.

Everyone compares developer salaries with New York and Palo Alto but if you look there, the *median* is way above 90% in London, which is the only place in Europe that stands somehow to these two. So you don't really have to be exceptional to make the median, but you have to live there.

But since there's a whole World outside these two places and not just a barren desert, making their median in another place requires not just exceptional skill and the right connections but mostly a ton of luck.

Thank you for sharing. Hope you will find a solution for your challenges.

Regards,

 

[Roderick]

The job must be bring pleasure, at least good profit. If it doesn't, then you should think of whether you really need it.