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BarbarianElephant
Feb 12, 2015
The fairy of forgiveness has removed your red text.

Basebf555 posted:

When I said work for a while and put away a few million, I meant you need to work for like 20-25 years. Then, when you're in your mid-40's use the savings you've built up to take a major risk(i.e. start a company) and hope if pays off.

People don't become truly wealthy in their 20's and 30's unless they come from money or there are truly extraordinary circumstances.

You can certainly start a business in your 20's and 30's. It's probably easier for some fields as you can eat ramen and work 18 hour days much easier when you are young, plus you probably don't have kids in your 20's which makes taking risks easier. Waiting until your 40's to start being an entrepreneur is probably starting a bit late. Better to lose your life savings of $1,000 failing at 23 than your home, wife, and kids failing at 45.

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BarbarianElephant
Feb 12, 2015
The fairy of forgiveness has removed your red text.

Shbobdb posted:

Despite some disagreement, a constant here seems to be "don't be a loser creepy goon"

One of the best things you can do to ensure bank or at worst fail upwards is have a very good SQ/EQ.

Being the captain of your high school X team is not a promise of future wealth, but all people of great wealth were the leaders of prominent social activity from a young age.

You don't have to be excellent at social stuff to make money, but you do have to *actually do stuff* - not just sit in your bedroom dreaming of how you would be a success if only the feminazis didn't bring you down. So, yes, being a creepy goon guarantees failure, but being the life and soul of the party is not necessary. There's a lot of (rich) awkward oddballs in the tech industry, particularly.

BarbarianElephant
Feb 12, 2015
The fairy of forgiveness has removed your red text.

Shbobdb posted:

I know plenty of people in tech and I can assure you that people with a solid EQ do better than those without. There are absolutely "shut in geniuses who make bank" but if you want to hit the $250K, much less the real rich, being sociable is a better bet than "individual genius".

More skills are always better. "Shut in genius" and "social butterfly" are not the only two options.

BarbarianElephant
Feb 12, 2015
The fairy of forgiveness has removed your red text.

PT6A posted:

To add to this, assuming you aren't completely socially repellant, consider asking someone more politically gifted than you for advice when you're confronted with a delicate situation you don't know how to handle. In fact, even if you're great, ask for advice -- at worst, you don't have to take it, but it could give you a perspective on the situation you hadn't considered before. Part of being a well-rounded human being is admitting to yourself when other people are better than you at certain things, and asking for help from them.

Very good advice!

BarbarianElephant
Feb 12, 2015
The fairy of forgiveness has removed your red text.
Some people are not happy unless they have a pet. But many people seem to get a pet on a whim and don't really think about whether they want a pet or are just buying it as a lifestyle accessory. Pets also have their costs loaded into the end of the pet's life. When buying a kitten for $50 you don't think about how in 15 years time you will be under pressure to spend $5000 on kitty chemo or watch your beloved companion die.

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BarbarianElephant
Feb 12, 2015
The fairy of forgiveness has removed your red text.

mobby_6kl posted:

Becoming affluent or even rich shouldn't be too hard if you pick the right field and work your rear end off for a few years. Becoming wealthy is entirely different thing and you're not gonna get there by euthanizing your cat.

This is really semantic. People use "affluent", "wealthy" and "rich" interchangeably. This is like arguing about the difference between geeks and nerds.

It's a lot easier to become financially comfortable than truly rich. And that's really what most people want. They want the second home somewhere nice, not the golden tower in NYC.

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