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Pay vs. Happiness

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Old May 28, 2008 | 01:10 PM
  #31  
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Originally Posted by S2020,May 28 2008, 11:54 AM
If you tell me where to get average 10% return safe investment. I'd give you $2K finders fee.
vgr

dont believe me? check historical price on yahoo or google. dividend has been about 9% a year.

pm me so i can tell you the address to send that 2k check.
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Old May 28, 2008 | 01:29 PM
  #32  
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[QUOTE=trainwreck,May 28 2008, 01:10 PM] vgr

dont believe me? check historical price on yahoo or google.
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Old May 28, 2008 | 01:32 PM
  #33  
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that's not considered a "safe" investment. It's actually very risky to try to make 10% return on a $500M investment in a single equity
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Old May 28, 2008 | 01:46 PM
  #34  
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[QUOTE=trainwreck,May 28 2008, 01:10 PM] vgr

dont believe me? check historical price on yahoo or google.
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Old May 28, 2008 | 02:13 PM
  #35  
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Originally Posted by IheartS2ks,May 28 2008, 01:29 PM
we're splitting that right?


5%-10% whatever. if you're smart you can live off the interest, that was the point. i'd rather live modestly and do nothing, than do something hard for stuff.
5% of $500K is $25K. After tax is $20K. I don't think the OP can live off that money.
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Old May 28, 2008 | 02:15 PM
  #36  
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Originally Posted by S2020,May 28 2008, 02:13 PM
5% of $500K is $25K. After tax is $20K. I don't think the OP can live off that money.
that's not my problem. i could. i am.
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Old May 28, 2008 | 02:43 PM
  #37  
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Money buys hapiness. Option number one.

And mathematically, the ratio of money to job satisfaction is a lot higher with option one.

And no one is 100% satisfied with their job. Being 80% satisfied is pretty damn good.
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Old May 28, 2008 | 02:47 PM
  #38  
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^^correct.
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Old May 28, 2008 | 03:22 PM
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I guess its also what you want. I want luxuries and for life to be easy when I get older, plus I want my kids to be taken care of. This is why I work hard. Its my own preference though. You need to make your own decision.
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Old May 28, 2008 | 03:37 PM
  #40  
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Originally Posted by bd307,May 28 2008, 12:26 PM
If you have friends around you who are rich, you would notice they are also like most of us here who are only able to save very few from their earnings due to all the expenses.
Exactly, it's all relative. The more money you earn the more expensive items you can buy such as a better car or bigger house but because these items cost more you will usually end up with the same percentage of "available" money as that of someone earning 40% less after everything has been paid for.

To make the most of your higher earnings you need to live like someone on low earnings but then how many people would do that?
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