31–40 of 53 posts
Read “Rich Dad Poor Dad”. It is really all you have to do to get the financial education needed to manage money well. It changed my life.
Counter view: Rich Dad, Poor Dad is a awful book with terrible advice written by a charlatan. Stay well away from it.
Earlier quoted context omitted.
I would love to know more about this. Will it be okay, if I mail you for more info?
I believe more_corn is talking about this article: https://archive.ph/wVvTp Previous discussion: https://news.ycombinator.com/item?id=31426440 (But maybe you meant that you were interested in software testing!)
At 20 years old, you don't need to invest, you need to level up.
Investing money every year from 20-30 and then stopping will leave you (assuming fixed interest rates of ~7%) the same amount of retirement money as starting at 30 and doing it every year.
Earlier quoted context omitted.
Yea that feels like a stretch tbh
It’s not. I know a person that ended up paying probably $10k for an interview coach and leetcode tutor that ended up leaving their $90k job at Accenture to making $600k at Netflix. I wish I got returns like that at the market.
Earlier quoted context omitted.
Yea that feels like a stretch tbh
It’s not. I know a person that ended up paying probably $10k for an interview coach and leetcode tutor that ended up leaving their $90k job at Accenture to making $600k at Netflix. I wish I got returns like that at the market.
Read “Rich Dad Poor Dad”. It is really all you have to do to get the financial education needed to manage money well. It changed my life.
Counter view: Rich Dad, Poor Dad is a awful book with terrible advice written by a charlatan. Stay well away from it.
Earlier quoted context omitted.
Counter view: Rich Dad, Poor Dad is a awful book with terrible advice written by a charlatan. Stay well away from it.
Maybe you can provide some detail for this counter view? Otherwise it’s just confusing what to believe.
- He discounts the (financial) value of education
- Deliberately muddles the definition of an asset and a liability
- Suggests commiting tax fraud and participating in insider trading
- Fails to offer any actually good investment advice
By far the best investment you can make is to upgrade your earning potential. I run a software consultancy and I could easily employ someone who specialized in writing software tests or a release engineer at 7x your current wage (these are unglamorous but ultimately not had things). Making 7x per hour changes the income and wealth equation dramatically. You could literally self teach both of those areas in 6 months.…
A real programmer will set up the environmwnt, then the QA team of much lower paid people will write the tests.
These people are paid the same as OP, and certainly nowhere near 7x his salary.
Funny how different countries have fundamentally different job markets!
Earlier quoted context omitted.
Maybe you can provide some detail for this counter view? Otherwise it’s just confusing what to believe.
Let's see: - He discounts the (financial) value of education - Deliberately muddles the definition of an asset and a liability - Suggests commiting tax fraud and participating in insider trading - Fails to offer any actually good investment advice
By far the best investment you can make is to upgrade your earning potential. I run a software consultancy and I could easily employ someone who specialized in writing software tests or a release engineer at 7x your current wage (these are unglamorous but ultimately not had things). Making 7x per hour changes the income and wealth equation dramatically. You could literally self teach both of those areas in 6 months.…
There are a lot of "boring" jobs in the IT industry which anybody with half a brain can easily pickup in a week or two. Use it as a stepping stone to slowly but surely build up a well-paying career.