This Germany Thing Forum

[lmitchell11]

Raging dumpster fire might be my new favorite way to describe this place.

[Moneytrees]

160k a year really isn't that much when you consider the cost of getting Biglaw. Most Biglaw associates spend years paying back their student loans. Bonuses have shrunk to a fraction of what they once were, and you have to work grueling hours for 3 or 4 years before you see a big jump in your salary.

Plus, living in NYC or Chicago is extremely expensive and taxes eat up a large portion of your salary.

[Desert Fox]

Describe this Germany thing.

[PeanutsNJam]

In regards to "get rich". It doesn't matter what your job is unless you're raking in over half a million dollars a year; you don't "get rich" with a salary (because your salary is taxed to hell, and it's meant to cover your living costs/discretionary spending). You "get rich" by investing smart (not speculating). Compounding interest. Dollar-cost averaging. Read "the intelligent investor" by Benjamin Graham, and build a multi-million dollar portfolio in 20 years, be rich when you're 45 years old.

6% of a million dollars is 60k guys. That's money you get for doing nothing. On top of owning a million dollars worth of financial assets. And building a million dollar portfolio in 20 years isn't unspeakably hard, if you're consistent and do it right.

Being a lawyer CAN make you rich, but you won't be rich because you're a lawyer.

Edit- The "million dollars" I'm talking about is adjusted for inflation. I.E. in 20 years, you could have what's equivalent to a million dollars today.

[Hand]

Describe this Germany thing.

Start with a few cannisters of nerve gas, throw in a couple of traintracks and a teaspoon of Polish countryside...

[patogordo]

In regards to "get rich". It doesn't matter what your job is unless you're raking in over half a million dollars a year; you don't "get rich" with a salary (because your salary is taxed to hell, and it's meant to cover your living costs/discretionary spending). You "get rich" by investing smart (not speculating). Compounding interest. Dollar-cost averaging. Read "the intelligent investor" by Benjamin Graham, and build a multi-million dollar portfolio in 20 years, be rich when you're 45 years old.

6% of a million dollars is 60k guys. That's money you get for doing nothing. On top of owning a million dollars worth of financial assets. And building a million dollar portfolio in 20 years isn't unspeakably hard, if you're consistent and do it right.

Being a lawyer CAN make you rich, but you won't be rich because you're a lawyer.

Edit- The "million dollars" I'm talking about is adjusted for inflation. I.E. in 20 years, you could have what's equivalent to a million dollars today.

you forgot to include a link to your ebook

[twenty]

As a quick side note, if you graduate with fewer than 60 graded credits, LSAC won't calculate your GPA. Two years is usually 60~ credits, but you mentioned it was part time, so...

[PeanutsNJam]

In regards to "get rich". It doesn't matter what your job is unless you're raking in over half a million dollars a year; you don't "get rich" with a salary (because your salary is taxed to hell, and it's meant to cover your living costs/discretionary spending). You "get rich" by investing smart (not speculating). Compounding interest. Dollar-cost averaging. Read "the intelligent investor" by Benjamin Graham, and build a multi-million dollar portfolio in 20 years, be rich when you're 45 years old.

6% of a million dollars is 60k guys. That's money you get for doing nothing. On top of owning a million dollars worth of financial assets. And building a million dollar portfolio in 20 years isn't unspeakably hard, if you're consistent and do it right.

Being a lawyer CAN make you rich, but you won't be rich because you're a lawyer.

Edit- The "million dollars" I'm talking about is adjusted for inflation. I.E. in 20 years, you could have what's equivalent to a million dollars today.

you forgot to include a link to your ebook

Here's your link: http://en.wikipedia.org/wiki/The_Intelligent_Investor

I actually died at the age of 82, but my spirit remains on the internet to continue scamming people into buying my book.

[eatyourschnitzel]

Same situation here. 2 years in the states. Came to Germany hoping for a clean start.

My goals in life include: having no life outside of work and bringing home $150K+ in NYC or Chicago, no husband, no kids, maybe a dog, eating lots of takeout on my desk, sleeping on the loveseat in my office, making more money than all my friends who "love" their jobs.

I want a cat, not a dog. I heart you. Let us be friends.

Have you considered studying Jura in Germany? Ja es dauert ein bissen lang aber es lohnt sich. Auf jeden Fall hat man einen Job vor dem zweiten Staatsexamen, weil das Studium mit der Arbeit verbunden ist.

[Mack.Hambleton]

Cash rules everything around me, C.R.E.A.M get the money


Dollar dollar bill y'all