How can you ever get rich from a Job?

[momoil]

Let’s say you go to university at 18 and graduate at 21 and earn £50k starting (unrealistic btw as it’s the top 15% in the UK)
After student loan deductions and taxes you are left with 37k a year which is 3k a month

Deduct £1000 on rent (you’d have to share anyways as if you earn this much you’d have to be in an expensive city) and £1000 more on food going out bills etc. Btw you don’t have a car and you don’t go on any holidays as having a car can cost upwards of £500 a month. Anyways, you save £1000 a month and invest in sp500 with 7% returns by the time you are 30 after slaving you have saved around £120k just enough for a strong deposit on a house or buying a nice car how is this worth it. How can you actually ever really make some big money

 

[sln]

The system was designed so you can't make major money

 

[peg]

Let’s say you go to university at 18 and graduate at 21 and earn £50k starting (unrealistic btw as it’s the top 15% in the UK)
After student loan deductions and taxes you are left with 37k a year which is 3k a month

Deduct £1000 on rent (you’d have to share anyways as if you earn this much you’d have to be in an expensive city) and £1000 more on food going out bills etc. Btw you don’t have a car and you don’t go on any holidays as having a car can cost upwards of £500 a month. Anyways, you save £1000 a month and invest in sp500 with 7% returns by the time you are 30 after slaving you have saved around £120k just enough for a strong deposit on a house or buying a nice car how is this worth it. How can you actually ever really make some big money

you cant. thats the point, continue to be a sheep like the rest of the people for the elite.

 

[momoil]

The system was designed so you can't make major money

Truly a scam meanwhile chad walks the runway and makes millions

 

[sln]

Truly a scam meanwhile chad walks the runway and makes millions

Thank the jews

 

[VirginByChoice1]

Let’s say you go to university at 18 and graduate at 21 and earn £50k starting (unrealistic btw as it’s the top 15% in the UK)
After student loan deductions and taxes you are left with 37k a year which is 3k a month

Deduct £1000 on rent (you’d have to share anyways as if you earn this much you’d have to be in an expensive city) and £1000 more on food going out bills etc. Btw you don’t have a car and you don’t go on any holidays as having a car can cost upwards of £500 a month. Anyways, you save £1000 a month and invest in sp500 with 7% returns by the time you are 30 after slaving you have saved around £120k just enough for a strong deposit on a house or buying a nice car how is this worth it. How can you actually ever really make some big money

yeah that's basically how it goes for most people

but it is possible to get fairly rich from a job. I saw this vid of this guy who graduated engineering and within 5-10 years secured like a 200k+ salary cuz he went into defense (in the US), got his masters while working, and job hopped like 3-4 times
You definitely need luck though and location matters quite a bit. You also need to be born smart and have the work ethic to finish Uni in a good field.
Btw the video was him talking while driving his porsche.

idk though I'm 18 with no life experience

found the vid

 

[Foreverbrad]

You have to be in the USA or there is no salary progression.

The best strategy in the UK is to live with your parents, work minimum wage locally with minimal expenses.

University graduates will graduate in 4 years with £40000+ of debt and £0 to their name. They’ll be forced to move for work because they’re over specialised. They won’t be earning £50k, they’ll be earning maybe £30k and they’ll be saving £500 a month after all those bills. Their pay rises will be 3-4% and your minimum wage ones will be 8-10% as usual for the past years.

You’ll have £100,000+ in investments and 4 years of experience. The person who made the “proper” life choices is unlikely to ever catch up until you are both like 40 at which point you should have retired anyway.

You can also do this with trades if you don’t mind a slightly later payoff and plan to work past your twenties.

 

[mirrormogger]

You have to be in the USA or there is no salary progression.

yeah usa fucking mogs in this aspect so much more opportunity as well

 

[Foreverbrad]

yeah usa fucking mogs in this aspect so much more opportunity as well

Can’t just reincarnationmax though and even if you did you’ll end up Indian anyway most likely….

 

[mirrormogger]

Can’t just reincarnationmax though and even if you did you’ll end up Indian anyway most likely….

??

 

[Foreverbrad]

??

I’m saying if you’re born in UK there’s no point to just wish you were in the USA you have to use different strategy completely.

 

[mirrormogger]

I’m saying if you’re born in UK there’s no point to just wish you were in the USA you have to use different strategy completely.

oh yeah, jfl probably best to look for american subhuman whore tourist to white knight marry for passport atp

 

[momoil]

Wait so what you are saying is instead of going to university you start working after 6th form and Work and live with parents let’s say you earn 12.65 an hour spend £500 and save rest 1300 and invest in let’s say sp500 you’d have around 200k+ in 10 years by the time you are 28 wow genuinely university is starting to look more and more like a scam

You have to be in the USA or there is no salary progression.

The best strategy in the UK is to live with your parents, work minimum wage locally with minimal expenses.

University graduates will graduate in 4 years with £40000+ of debt and £0 to their name. They’ll be forced to move for work because they’re over specialised. They won’t be earning £50k, they’ll be earning maybe £30k and they’ll be saving £500 a month after all those bills. Their pay rises will be 3-4% and your minimum wage ones will be 8-10% as usual for the past years.

You’ll have £100,000+ in investments and 4 years of experience. The person who made the “proper” life choices is unlikely to ever catch up until you are both like 40 at which point you should have retired anyway.

You can also do this with trades if you don’t mind a slightly later payoff and plan to work past your twenties.

should ai

 

[momoil]

Wait so what you are saying is instead of going to university you start working after 6th form and Work and live with parents let’s say you earn 12.65 an hour spend £500 and save rest 1300 and invest in let’s say sp500 you’d have around 200k+ in 10 years by the time you are 28 wow genuinely university is starting to look more and more like a scam

You have to be in the USA or there is no salary progression.

The best strategy in the UK is to live with your parents, work minimum wage locally with minimal expenses.

University graduates will graduate in 4 years with £40000+ of debt and £0 to their name. They’ll be forced to move for work because they’re over specialised. They won’t be earning £50k, they’ll be earning maybe £30k and they’ll be saving £500 a month after all those bills. Their pay rises will be 3-4% and your minimum wage ones will be 8-10% as usual for the past years.

You’ll have £100,000+ in investments and 4 years of experience. The person who made the “proper” life choices is unlikely to ever catch up until you are both like 40 at which point you should have retired anyway.

You can also do this with trades if you don’t mind a slightly later payoff and plan to work past your twenties.

should ai

 

[Maruosa]

you cant

 

[kranerman23123]

Let’s say you go to university at 18 and graduate at 21 and earn £50k starting (unrealistic btw as it’s the top 15% in the UK)
After student loan deductions and taxes you are left with 37k a year which is 3k a month

Deduct £1000 on rent (you’d have to share anyways as if you earn this much you’d have to be in an expensive city) and £1000 more on food going out bills etc. Btw you don’t have a car and you don’t go on any holidays as having a car can cost upwards of £500 a month. Anyways, you save £1000 a month and invest in sp500 with 7% returns by the time you are 30 after slaving you have saved around £120k just enough for a strong deposit on a house or buying a nice car how is this worth it. How can you actually ever really make some big money

Through compounding investments over time

 

[Maruosa]

The ways to get rich are being an entrepeneuer with a company that operates in a model with high and constant growth or becoming a celebrity. Those are the only two ways pretty much, maybe being a politician as well can make you rich.

 

[kranerman23123]

Retards

 

[Jaxonc82]

Let’s say you go to university at 18 and graduate at 21 and earn £50k starting (unrealistic btw as it’s the top 15% in the UK)
After student loan deductions and taxes you are left with 37k a year which is 3k a month

Deduct £1000 on rent (you’d have to share anyways as if you earn this much you’d have to be in an expensive city) and £1000 more on food going out bills etc. Btw you don’t have a car and you don’t go on any holidays as having a car can cost upwards of £500 a month. Anyways, you save £1000 a month and invest in sp500 with 7% returns by the time you are 30 after slaving you have saved around £120k just enough for a strong deposit on a house or buying a nice car how is this worth it. How can you actually ever really make some big money

you wont working a regular career you make the rich richer while getting basic needs met, do something creative and something other people cant offer, or be the best at something if u want to be rich

 

[momoil]

Retards

Enlighten us

 

[silently_said]

so true brah just buy my course and you'll become a gazillionaire

 

[Atys]

if you are going to university to do anything other than STEM its already a waste - even then id argue only physics maths and cs and maybe econ at a target uni are the only courses really worth it then u go into the financial services industry and slave away almost 100 hours a week, couple years in and you can be easily be making like 200k before bonus.

 

[kranerman23123]

Enlighten us

Any serious amount of dedicated effort can easily get you a job in the 6 figures range and if you can't figure out how to invest and get rich while making over 100,000 a year youre retarded

 

[momoil]

Any serious amount of dedicated effort can easily get you a job in the 6 figures range and if you can't figure out how to invest and get rich while making over 100,000 a year youre retarded

Idk where you live but 100k salary in the uk is the top 4-5% and will take atleast 2 decades of working to get there

 

[Atys]

Idk where you live but 100k salary in the uk is the top 4-5% and will take atleast 2 decades of working to get there

dont stay in the UK if possible lol literally anywhere else in the western world is better considering quality of life purchasing power and salary progression

 

[kranerman23123]

Idk where you live but 100k salary in the uk is the top 4-5% and will take atleast 2 decades of working to get there

It's the top 5% because a majority of people don't have degrees, a majority of people who do have a useless degree. If you break down the statistics it's actually an incredibly achievable income

 

[User28823]

your first mistake was living in europoor

live in the states u graduate 22 into 6 figure engineering job, live with ur parents who dont make u pay rent because they want u to WIN and then invest 90% of ur income and ur retired within 10 years easy

if u dont wanna go to college go be a truck driver and make 6 figs within 2-3 years and then u can just live in ur truck otr for a couple of years

7% returns more like 14.8% if u invest in VOO that's the return since inception

the main point is to make LOTS of money as fast as possible so the compounding effect works OVERDRIVE

u cant do that in EUROPOOR.

 

[Thad Castle]

your first mistake was living in europoor

live in the states u graduate 22 into 6 figure engineering job, live with ur parents who dont make u pay rent because they want u to WIN and then invest 90% of ur income and ur retired within 10 years easy

if u dont wanna go to college go be a truck driver and make 6 figs within 2-3 years and then u can just live in ur truck otr for a couple of years

7% returns more like 14.8% if u invest in VOO that's the return since inception

the main point is to make LOTS of money as fast as possible so the compounding effect works OVERDRIVE

u cant do that in EUROPOOR.

high iq advice

 

[unfortunatehobbies]

IB to PE to HF to PM or other high finance pathway. Consultancy equivalent. SWE equivalent. Do your years in the NHS and go private.
Starting base for IB analysts ranges from £60-70k.

 

[kartierr]

live below your means and invest the difference. and 50k being top 15 in the uk is absolutely wild. I am 20 going on deployment as a reservist this year and taking home around 75k usd tax free for 9 months with the national guard. Then going to college for free. the UKs economy must be complete shit

 

[sashaaa]

Let’s say you go to university at 18 and graduate at 21 and earn £50k starting (unrealistic btw as it’s the top 15% in the UK)
After student loan deductions and taxes you are left with 37k a year which is 3k a month

Deduct £1000 on rent (you’d have to share anyways as if you earn this much you’d have to be in an expensive city) and £1000 more on food going out bills etc. Btw you don’t have a car and you don’t go on any holidays as having a car can cost upwards of £500 a month. Anyways, you save £1000 a month and invest in sp500 with 7% returns by the time you are 30 after slaving you have saved around £120k just enough for a strong deposit on a house or buying a nice car how is this worth it. How can you actually ever really make some big money

you dont

 

[sashaaa]

Wait so what you are saying is instead of going to university you start working after 6th form and Work and live with parents let’s say you earn 12.65 an hour spend £500 and save rest 1300 and invest in let’s say sp500 you’d have around 200k+ in 10 years by the time you are 28 wow genuinely university is starting to look more and more like a scam

should ai

University IS a scam, if you go there for any other reason to slay or get more info youre retarded

 

[xZayd]

Shit students earn shit money
Average students earn average money
Great students earn above average money
Top students earn ridiculous money.

Like everything, you’re gonna get out what you put in. I’ve seen multiple students (including myself) land jobs at 200K USD right out of college.

There seems to be this notion on social media that you can never be wealthy working a salary job. If you think this is true, look up an investment banking, private equity, quantitative finance.. etc salary’s.

There’s literally jobs that will pay you 750K USD (Jane Street to name one) right out of college (with ceilings being in the 8 figures).

 

[sashaaa]

The advertising department of unis work so hard to make you think you’ll %100 get rich from them even though you have to be the best of the best and work your youth off. By the time you get enough money to lm 90% of women your age are married and had children

My dad is rich not because he has a law degree but because he owns a law firm

 

[momoil]

Shit students earn shit money
Average students earn average money
Great students earn above average money
Top students earn ridiculous money.

Like everything, you’re gonna get out what you put in. I’ve seen multiple students (including myself) land jobs at 200K USD right out of college.

There seems to be this notion on social media that you can never be wealthy working a salary job. If you think this is true, look up an investment banking, private equity, quantitative finance.. etc salary’s.

There’s literally jobs that will pay you 750K USD (Jane Street to name one) right out of college (with ceilings being in the 8 figures).

I know that such jobs exist in the US but we are struggling here in the UK a 100k salary is the top 5% of earners in the UK it’s shitshow

 

[xZayd]

I know that such jobs exist in the US but we are struggling here in the UK a 100k salary is the top 5% of earners in the UK it’s shitshow

I’m not even from the US, I just translated the currency.

Where I am from, a 200k graduate salary puts you in the top 1-2% of all age brackets.

You can reach the top very fast if you put your heart and soul into it.

My advice:
- Study STEM (preferably Physics, Math, or Engineering)
- Be the best fucking student the school has ever seen (or as close as possible). You want to academically mog the other students.
- Rack up executive positions in the clubs, grind your ass off for internships (ideally in finance).

If you do this, you will very likely reach £100k Straight out of collage.

Good luck

 

[wakandakaang]

I’m not even from the US, I just translated the currency.

Where I am from, a 200k graduate salary puts you in the top 1-2% of all age brackets.

You can reach the top very fast if you put your heart and soul into it.

My advice:
- Study STEM (preferably Physics, Math, or Engineering)
- Be the best fucking student the school has ever seen (or as close as possible). You want to academically mog the other students.
- Rack up executive positions in the clubs, grind your ass off for internships (ideally in finance).

If you do this, you will very likely reach £100k Straight out of collage.

Good luck

Very few people have the IQ capable of this the only people doing this are people in love with their subject who research for fun not average joe who works hard.

 

[m0ss26]

doctor is most mogger job in US but need high IQ

to make money working corporate you have to be top 1% that gets promoted over decades (aka waste your life theory)

 

[EthiopianMaxxer]

your first mistake was living in europoor

live in the states u graduate 22 into 6 figure engineering job, live with ur parents who dont make u pay rent because they want u to WIN and then invest 90% of ur income and ur retired within 10 years easy

if u dont wanna go to college go be a truck driver and make 6 figs within 2-3 years and then u can just live in ur truck otr for a couple of years

7% returns more like 14.8% if u invest in VOO that's the return since inception

the main point is to make LOTS of money as fast as possible so the compounding effect works OVERDRIVE

u cant do that in EUROPOOR.

what age did you move out of your parents house?

and also what are your thoughts on biomedical engineering compared to other engineering fields

 

[Carder]

personally i saw you were talking about some investments that need to be made in the long term, like 5+ years to see some actual profit, what i would suggest instead of making your money sit for some compound interest or you just hoping it'll go up, is to use that little money for something you like doing and turning it into a business you can do even with a full time job then when you know your new business or startup or whatever you wanna call it makes enough for you to quit your full time and keep investing in the project and yourself then you could also think about investing into stuff like obligations or etf etc

 

[AustrianMogger]

Only real way to get rich is through looksmaxxing

 

[itsallg3netics]

Let’s say you go to university at 18 and graduate at 21 and earn £50k starting (unrealistic btw as it’s the top 15% in the UK)
After student loan deductions and taxes you are left with 37k a year which is 3k a month

Deduct £1000 on rent (you’d have to share anyways as if you earn this much you’d have to be in an expensive city) and £1000 more on food going out bills etc. Btw you don’t have a car and you don’t go on any holidays as having a car can cost upwards of £500 a month. Anyways, you save £1000 a month and invest in sp500 with 7% returns by the time you are 30 after slaving you have saved around £120k just enough for a strong deposit on a house or buying a nice car how is this worth it. How can you actually ever really make some big money

short answer: you cant hahaaa

 

[rockyz]

Let’s say you go to university at 18 and graduate at 21 and earn £50k starting (unrealistic btw as it’s the top 15% in the UK)
After student loan deductions and taxes you are left with 37k a year which is 3k a month

Deduct £1000 on rent (you’d have to share anyways as if you earn this much you’d have to be in an expensive city) and £1000 more on food going out bills etc. Btw you don’t have a car and you don’t go on any holidays as having a car can cost upwards of £500 a month. Anyways, you save £1000 a month and invest in sp500 with 7% returns by the time you are 30 after slaving you have saved around £120k just enough for a strong deposit on a house or buying a nice car how is this worth it. How can you actually ever really make some big money

just start random business every two months like food, clothing, etc and LIKE ACTUALLY PUT SM EFFORT into them and trust me someday u will have a runing business then hire mutliple workers grow ur shit and then just relaxe maybe when ure 28 you would be a milionare from having shit ton of businesses, OR JUST BE JEWISH.

 

[wubbasbrother]

just start random business every two months like food, clothing, etc and LIKE ACTUALLY PUT SM EFFORT into them and trust me someday u will have a runing business then hire mutliple workers grow ur shit and then just relaxe maybe when ure 28 you would be a milionare from having shit ton of businesses, OR JUST BE JEWISH.

shut the fuck up

 

[Glacier]

construction, I make between $700 - $1,400AUD a day, pre tax. spend 90% of that time watching movies and eating or smoking . the worst paying jobs ($320 and below) are the worst physically and mentally. definitely get into a heavy machinery operator role, or get into crane rigger/dogger or just spotter roles at night if possible. even traffic control is fairly decent.

 

[xZayd]

Very few people have the IQ capable of this the only people doing this are people in love with their subject who research for fun not average joe who works hard.

I admit you’re right, it is IQ gated, but I think people often over estimate where the gate exactly sits.

Investment bankers (one of the highest paying careers) have only a small amount of mental rigour involved, it’s more the work ethic and hours that set you apart.

Anecdotally speaking, I was a fuckwit in high school and just scraped through, and never considered myself “High IQ”. I never thought I would have been able to get jobs like this, but the hard work paid off.

 

[momoil]

I admit you’re right, it is IQ gated, but I think people often over estimate where the gate exactly sits.

Investment bankers (one of the highest paying careers) have only a small amount of mental rigour involved, it’s more the work ethic and hours that set you apart.

Anecdotally speaking, I was a fuckwit in high school and just scraped through, and never considered myself “High IQ”. I never thought I would have been able to get jobs like this, but the hard work paid off.

What job do you have

 

[xZayd]

What job do you have

Post masters hire at one of the MBB strategy consulting firms (8 rounds of interviews, <1% acceptance rate).