Car and Bike Talk Discussions and comparisons of cars and motorcycles of all makes and models.

SHOULD I DO IT!?NEW THREAD TOPIC !

Thread Tools
 
Old Jan 4, 2007 | 04:55 PM
  #101  
Archon007's Avatar
Registered User
 
Joined: May 2005
Posts: 517
Likes: 0
From: LA
Default

Another avenue you can take as well would be to get a law degree. A CPA combined with a law degree is very powerful. Not only do regular law grads start in the sixes, but with a CPA, you become a valuable commodity, particularly if say the law firm you work for does extensive business with Fortune 500 companies. Most snot-nosed lawyers have no idea about business other than what they learn in school. Real-world and school are two different animals. Dealing with lawyers that have real-world business backgrounds are sought after by firms as well as corporate law departments. They make the big-bucks too. Very big bucks.


Law school isnt that bad.
Reply
Old Jan 4, 2007 | 05:10 PM
  #102  
565565's Avatar
Registered User
 
Joined: Jun 2004
Posts: 549
Likes: 0
From: bobville
Default

Originally Posted by Chris Stack,Jan 4 2007, 07:13 AM
BS in Accounting from Villanova University, '04
Thats great, we both went to college in Pennsylvania.

Don't worry about not getting recognition for that brand name college yet, the time will come. I remember my friend graduated Wharton with a 3.8 GPA, and couldn't even get second rounds on interviews. I think his major was accounting too.

He was unemployed out of college. It took him a few years to work to a good spot, and now he's starting to rake in the serious cash.
Reply
Old Jan 4, 2007 | 08:54 PM
  #103  
erik's Avatar
20 Year Member
 
Joined: Oct 2000
Posts: 752
Likes: 8
From: South Jersey
Default

This has been a fun thread.

One, I still do not understand why people ask what should I drive? How the heck do I know? The answer is different for everyone.

Now if you ask, hey, who here has driven both, what handles better, what has the better stereo, etc, that's more understandable. In the end, no matter what anyone says here, it's up to you.

Good luck, but I see you in a good situation no matter what you decide.

Since I don't feel like making a new thread, want to get a quick opinion. If you were a software developer making good money (low 6 figures, early 30s), would you move towards an MBA or a more advanced technical degree or sit pat and keep educating "on the side". What will possible future employers find more enticing?
Reply
Old Jan 5, 2007 | 05:30 AM
  #104  
SpoonS's Avatar
Thread Starter
Registered User
 
Joined: Nov 2002
Posts: 1,789
Likes: 0
From: MIAMI
Default

Originally Posted by erik,Jan 5 2007, 12:54 AM
This has been a fun thread.

One, I still do not understand why people ask what should I drive? How the heck do I know? The answer is different for everyone.

Now if you ask, hey, who here has driven both, what handles better, what has the better stereo, etc, that's more understandable. In the end, no matter what anyone says here, it's up to you.

Good luck, but I see you in a good situation no matter what you decide.

Since I don't feel like making a new thread, want to get a quick opinion. If you were a software developer making good money (low 6 figures, early 30s), would you move towards an MBA or a more advanced technical degree or sit pat and keep educating "on the side". What will possible future employers find more enticing?
JUST ASKING what would somebody do if they were in my situation thats all.......
Reply
Old Jan 5, 2007 | 05:39 AM
  #105  
PLYRS 3's Avatar
Registered User
 
Joined: Jul 2001
Posts: 23,749
Likes: 3
From: Erock's my boat!
Default

^ we don't know your situation.

all we know is you have a benz, you wanna get a BMW, you'll save 300 bucks a month, maybe.


Reply
Old Jan 5, 2007 | 06:41 AM
  #106  
dombey's Avatar
Registered User
 
Joined: Aug 2006
Posts: 2,330
Likes: 0
From: Scottsdale
Default

Originally Posted by erik,Jan 4 2007, 09:54 PM
Since I don't feel like making a new thread, want to get a quick opinion. If you were a software developer making good money (low 6 figures, early 30s), would you move towards an MBA or a more advanced technical degree or sit pat and keep educating "on the side". What will possible future employers find more enticing?
It depends on what you expect to get out of your MBA. VERY FEW employers that recruit on campus for newly minted MBAs are going to offer salaries that are significantly more than yours (at least to start). Bonuses are a different story. If you want to go into Investment Banking or Sales & Trading, etc, your salary could see a modest bump but your annual bonus could be more than your salary in a good year. Other than those fields, the pickings are slim for on-campus recruiting.

So if your objective is to switch careers, an MBA is worth it to get you there, even if the money might not be significantly more. Many of my classmates took only modest pay increases at their first jobs because they had switched careers.

If your objective is not to switch careers but to advance in your chosen path, then the game is totally different. You're looking for an education rather than a "qualification". You just need to know the things an MBA learns, and remove any barriers to advancement (like not having an MBA). In that case, I'm a big fan of executive programs done as inexpensively as possible.

Can't speak to the technical degree, but my guess is that it depends on what you'd like to be doing in 10 years. If you're a software developer now, I'm assuming you already have some sort of related undergraduate degree. I don't see a technical degree enhancing your career much unless you plan to stay in the trenches. If you want to move beyond software development into management at your company, I'd think an MBA would be more useful. At that level, you need to understand the company and the market, not just the software your company sells.
Reply
Old Jan 5, 2007 | 07:22 AM
  #107  
SpoonS's Avatar
Thread Starter
Registered User
 
Joined: Nov 2002
Posts: 1,789
Likes: 0
From: MIAMI
Default

Originally Posted by PLYRS 3,Jan 5 2007, 09:39 AM
^ we don't know your situation.

all we know is you have a benz, you wanna get a BMW, you'll save 300 bucks a month, maybe.
HAHAHAH OK IM GONNA CHANGE THE THREAD NAME THEN
Reply
Old Jan 5, 2007 | 10:35 AM
  #108  
TriaXenginE's Avatar
20 Year Member
 
Joined: Dec 2001
Posts: 17,505
Likes: 0
Default



But seriously though, there's something about Benzos that I love, so I say keep your C55, SpoonS. I picked up a Merc a couple of months ago and it rocks. The 335 is a fantastic car, albeit the style hasn't quite settled with me.


Oh and spell check and proper grammar are your friends.

Reply
Old Jan 5, 2007 | 12:06 PM
  #109  
erik's Avatar
20 Year Member
 
Joined: Oct 2000
Posts: 752
Likes: 8
From: South Jersey
Default

Originally Posted by SpoonS,Jan 5 2007, 09:30 AM
JUST ASKING what would somebody do if they were in my situation thats all.......
I know SpoonS, but are you really going to look at this thread, and go, ok, 5 guys said they would switch, 7 said they would stay with C55, so I'll keep the C55? I doubt that. I'd say 95% of the people here haven't driven EITHER car, which makes the percentages smaller that any one has driven both.

But since I did a little to hijack, here is my simple thought. If love just blasting down the highway in good comfort with a bit better materials around you, keep the Benz, if you want what is probably the driver's car (haven't driven either, so I'm hypothesizing), I'd get the BMW. And the added bonus of saving some $ each month doesn't hurt.

Now, back to my topic!!

Thanks dombey. Those are pretty much my thoughts. I work for a very small software consulting company (longest tenured employee) and have a lead role, but I wouldn't say I'm a manager, but we really only have 2 (the owner, and our PM). So I don't think an MBA will advance me further with my present employer.

I need to figure out what I want to do with the rest of my life, and go from there. If anyone else has thoughts on careers/degrees, and oh, the original topic, keep posting!
Reply
Old Jan 5, 2007 | 03:45 PM
  #110  
hyun83's Avatar
Registered User
 
Joined: Jul 2003
Posts: 825
Likes: 0
From: LA
Default

Originally Posted by bjohnston,Jan 4 2007, 12:35 PM
This is a silly thread. I'm only responding cus I'm bored and waiting for a phone call...

To the OP, only you know your financial situation, so only you know how much $300/mo. is worth to you. But, things really don't add up to the casual observer. Although Stack may have been indelicate, he did have a point. Your writing does not quite evidence the typical skills required of someone making the income necessary to support your automotive spending. If you are, in fact, spending $3,000 per month on cars, I would think that you should have a gross monthly income of no less than $15,000 per month ($180,000 per year). Granted, that's an arbitrary figure, but using that figure, you would see that there isn't much left over each month after taxes, your monthly car expenses, an equal amount for housing, and retirement contributions. And, if you can comfortably spend $3,000 per month on cars, why would the $300 difference between the 335i and the C55 matter? Plus, what did you mean by BMW "helping" you? Dealership finance departments don't "help" people. They provide a service for profit. If you're upside down, I'm sure they will roll the deficiency into your new loan (if your credit is good, I would think). But, like rai said, what does that get you?

If you're just curious about the cars, go drive a 335i. I did, and it's a wonderful car. I've never driven a C55, but they've never had a great reputation for handling, I believe. If I were looking at both new, I'd save the $$$ and go for the 335i, but, honestly, I'm not looking to "smoke" anyone on the road either, nor could I stomach your payments on the C55, which sound like about $1,000 per month. You, however, are not looking at both new, as you've already bought the Benz and will be looking at losing a ton of money on it if you trade it in at the Bimmer store. This is a decision only you can make knowing all of the relevant facts. Good luck.
Perfectly said.

And to the OP, I would get the 335i since the mercedes is gonna be outdated in a year.
Reply



All times are GMT -8. The time now is 07:44 PM.