PDA

View Full Version

: How do people get so rich in Vancouver, honestly don't get it...


bimmer91
03-04-2009, 03:21 PM
Okay first this question is coming from a high school student so be easy on me.

I'm graduating from HS pretty soon and will be probably going to do some college upgrading then going to university for business/marketing or maybe some computer drafting/designing. I've been searching average income for these careers in Vancouver (school related) and after you get rolling with these type of jobs you can be making around 45-60k + a year...

So i mean i see guys rolling around in their 100k AMG's and lots of other crazy expensive cars around town, many of them are young as well. Do they take some crazy 8 year classes in university and become doc's or what?

Just simply asking, because damn i just can't figure it out how these guys are making 6 digit + numbers at such a young age.... :rolleyes:

Post up what you think, thanks.

J____
03-04-2009, 03:23 PM
majority of those cars are bought with parents' money.

not ALL but most.

KingDeeCee
03-04-2009, 03:30 PM
It's called parents.

Noir
03-04-2009, 03:31 PM
So i mean i see guys rolling around in their 100k AMG's and lots of other crazy expensive cars around town, many of them are young as well. Do they take some crazy 8 year classes in university and become doc's or what?

Just simply asking, because damn i just can't figure it out how these guys are making 6 digit + numbers at such a young age.... :rolleyes:

Well, I don't know about AMG's but I do know that some kids out there can afford to buy high-end cars early by mortgaging their life for the next 8 years though leasing or financing and living with or off of their parents.

It's doable. Is it advisable? well... :)

nismosx
03-04-2009, 03:33 PM
they deal on the side...hell if youre a doctor and had access to weed you wouldnt deal lol

v1nce
03-04-2009, 03:36 PM
some of them lease it and return it cause they can't afford the buyout. then they would lease another expensive car and do the same thing.

so by switching cars at the end of a lease, they would give the impression of that they are baller.

thats my opinion.

E-40six
03-04-2009, 03:40 PM
i'm gonna say 60% get their money from their parents
30% sell drugs, and lots of it
and 10% work their asses off

thats just my opinion

jackmeister
03-04-2009, 03:41 PM
if you wanna roll in an AMG when you're in your mid 20s:

- change your planned major to something with higher $$$ potential (finance i-bankers start at 60k+.. usually 80k first year + bonus if its a good year)

- part time jobs during university, save that $$ and live at home, invest it when you can. by grad you can probably sit on some nice investments, then let it grow.

alternatively, instead of investing the money you earned in university, invest it into some hydroponic equipment, you'll be rolling in an AMG and more, but obviously thats you're choice.

FiveDime
03-04-2009, 03:41 PM
drugs

skyxx
03-04-2009, 03:42 PM
Savings, Investments. Running a company, you can write certain expenses off during income tax season...

!Aznboi128
03-04-2009, 04:05 PM
to most is parents

and then there's people like myself
working my ass off with two jobs to pay for school, home, and a car ... and lots others lol

El Bastardo
03-04-2009, 04:15 PM
This situation is unique to Vancouver (and maybe Toronto) but yeah, its parents.

They'll tell you they "earned it" tho. Because at 18/19 you've "earned" something.

Euro7r
03-04-2009, 04:18 PM
Corruption. Haha. I guess your really referring to asian ppl living in richmond. That's where I see most young ppl rolling in their nice cars.

unit
03-04-2009, 04:19 PM
Savings, Investments. Running a company, you can write certain expenses off during income tax season...

were talking about young ppl here, unless you cash out on some insane small caps, you need a decent amount of time to build real net worth through investing. i doubt any young people under 25 buy their toys with investment money (anyone smart enough to make money that way wouldnt). either their parents paid for it or they went straight to the dealer after landing a 100k out of school

M U G A T U
03-04-2009, 04:21 PM
lots of rich families... or drug dealers!

AsBannedAsItGets
03-04-2009, 04:24 PM
I think this question has already been beaten to death.

pandalove
03-04-2009, 04:28 PM
u can't get rich in vancouver... usually oversea parents come here to start a family and have their kids go to school here.... usually ppl from oversea that comes here have some money .. or else they can't leave their home country ...

BoneThug
03-04-2009, 04:29 PM
This situation is unique to Vancouver (and maybe Toronto) but yeah, its parents.


do you really think its limited to van and toronto?

classified
03-04-2009, 04:38 PM
im pretty sure hes talking about everyone not just young people, seriously tho the best thing is to do something with buisness mainly stocks if u have good connects to get into somewhere or family buisnesses.

ienhz
03-04-2009, 04:43 PM
They'll tell you they "earned it" tho. Because at 18/19 you've "earned" something.

Yeah, they graduated from high school!

mrclean604
03-04-2009, 04:46 PM
i'm gonna say 60% get their money from their parents
30% sell drugs, and lots of it
and 10% work their asses off

thats just my opinion

im part of the 10% :(

orange7
03-04-2009, 04:59 PM
i think there's a guy on this forum that has a gtr and he's pretty darn young...

we should ask him..

kc1337
03-04-2009, 04:59 PM
Daddy powered!

hi-revs
03-04-2009, 05:03 PM
parents.
drug dealing.
investment.
running/shared business.

Very rarely can you see a legit 22-27yr old driving a $100k+ car, and has their own appartment, dog, girlfriend, highend clothes + accessories.

The only way of having those kinda assets at that age is from my above listed ways of making money. To have all of those, you would probably need to be clearing $100k/year after taxes.

Im not saying its not possible. but you either have to get out there now and hustle the streets full time, or be smart with every hard earned money and have a good education.

trust me, be wise with your money. dont act like a baller, if youre not. put that cash in the bank and dont wear it.

threezero
03-04-2009, 05:04 PM
i think there's a guy on this forum that has a gtr and he's pretty darn young...

we should ask him..

is it grey?

rb
03-04-2009, 05:08 PM
Apparently getting into UBC gets is worth a 100K car to some parents

Tim Budong
03-04-2009, 05:10 PM
no one mentions the stock market....

Mugen EvOlutioN
03-04-2009, 05:13 PM
werd

i guran fucking tee u young folks who goes into university that drives AMG and some other fucking M power shit are bought by parents. too many of my friends they grab a random joe shitty ass piece of shit subject just to show their parents WOOT i got in, i got the brain where my prize at attitude. so their parents award them with a car of their choice depending how rich the family is. 92% cases are like that.

as for mid 20s fellows
stock market is shit rit now.

last year my buddy in LA made enough money in short period of time enough to buy 2-3 new E class, and now this year he lost it all
either u are a doc or a dentist which is wat my cousin is doing right now and balling out of control or a lawyer

otherwise enjoy the lovely 30%+ taxes on each of your pay cheque

they either SERIOUSLY got a good career or they work their ass off.

Drug money isnt easy to get u a $80g car. UNless u are some big shot who sells doughs like ice cream cake, otherwise a civic? ya, a 320i? ya, nothing crazy like a 750iL.

most of it is spoil brat , but to each and their own. Afterall everyone has different life styles, money doesnt always buy happiness.

Shun Izaki
03-04-2009, 05:14 PM
no one mentions the stock market....

That's because most people are too retarded to even do day trading.

I know a couple of friends who went to alberta to work right after school for 2 years or so, scored large, come back for 3-4 months amd spend like kings.

As for myself and some few other friends of mine, we hopped on that realestate train when it was stupid high and kept flipping. It was good money while it lasted.
I'm not rich or anything, but my car is paid for, and I live pretty decently with my day job.

pandalove
03-04-2009, 05:16 PM
you morons can't say ppl is rich ppl they got their money from their parents ...then who the fuck the parents get their money from ?? dun tell me its from their parents too

urban.boi
03-04-2009, 05:18 PM
if you wanna roll in an AMG when you're in your mid 20s:

- change your planned major to something with higher $$$ potential (finance i-bankers start at 60k+.. usually 80k first year + bonus if its a good year)

- part time jobs during university, save that $$ and live at home, invest it when you can. by grad you can probably sit on some nice investments, then let it grow.

alternatively, instead of investing the money you earned in university, invest it into some hydroponic equipment, you'll be rolling in an AMG and more, but obviously thats you're choice.

parents, and what jackmeister said, change your major!

sexyaccord
03-04-2009, 05:25 PM
parents.


Very rarely can you see a legit 22-27yr old driving a $100k+ car, and has their own appartment, dog, girlfriend, highend clothes + accessories.



can poor people have dogs too man? :cry:

tamiya_s2000
03-04-2009, 05:27 PM
you morons can't say ppl is rich ppl they got their money from their parents ...then who the fuck the parents get their money from ?? dun tell me its from their parents too

i ono... mayb they worked their asses off for like @ least 20-30 yrs n got rich????? does that make too much sense?
we talkin abt early 20sth year olds here driving 100k cars........................ sorry, moron

El Bastardo
03-04-2009, 05:37 PM
you morons can't say ppl is rich ppl they got their money from their parents ...then who the fuck the parents get their money from ?? dun tell me its from their parents too


:haha: :haha: :haha: :haha: :haha: :haha: :haha: :haha: :haha: :haha:



Here is a perfect example of someone who has no idea how the world works.

Mugen EvOlutioN
03-04-2009, 05:40 PM
can poor people have dogs too man? :cry:

lol apparently no

when dogs are sick their medical bill will rape ur anus left and right


so no

jigga250
03-04-2009, 05:41 PM
no one mentions the stock market....

takes money to make money

TheKingdom2000
03-04-2009, 05:42 PM
1. parents
2. drugs
3. their rich/well off


you cannot get a loc if you're 21 for a 100k car.

tonyvu
03-04-2009, 05:43 PM
got a job to front.... drugg dealin under the table.....

bimmer91
03-04-2009, 05:48 PM
woah you guys are crazy, it's a battle zone in here...

a teacher told me if you want to make good money do accounting, but what the hell do you do in accounting? sit on the computer play around with numbers doing what? + math isn't my thing, it stresses me out when i can't figure something out.

I though it would be the parents like most people are saying, or possibly they might have just started their own business up.

shenmecar
03-04-2009, 05:48 PM
investments. period. my friend's bro is about 24 and he has 500k in investments so he can make even more.

Carl Johnson
03-04-2009, 05:59 PM
woah you guys are crazy, it's a battle zone in here...

a teacher told me if you want to make good money do accounting, but what the hell do you do in accounting? sit on the computer play around with numbers doing what? + math isn't my thing, it stresses me out when i can't figure something out.

I though it would be the parents like most people are saying, or possibly they might have just started their own business up.

Accounting is way more than sitting on the computer playing with excel spreadsheets. Unfortunately that is what most people think of accountant that they get orgies by trying to balance the book.

People will in fact pay accountant lot of money for their services. And today's accountant knows a lot more than simply just accounting; professionals knows the entire business operation cycle.

nipples
03-04-2009, 06:11 PM
i'm gonna say 90% of ppl you see who're like 20 and driving a 100k+ car that it's paid for by their parents.

i mean, if i'm 20, and i deal...i'm not paying taxes on that...and even if i have a dayjob to cover, only the income of that job gets put on. no way a dealer will approve me. and that's just a car. what about those Mdollar condos? no way. but then again, i'm in the group of unfortunates who actually had to pay my own way. so it's apples n cowturds.

CanadaGoose
03-04-2009, 06:22 PM
It has nothing to do with formal education...only if you wanna spend 7-8 yrs and lose your 20's to a stack of books. A job is only one way to make money.

It's about timing and OPPORTUNITY, and knowing how to handle cashflow so $1 isn't just $1...blowing a wad and 'making it rain' is not knowing how to handle cashflow - in that case $1 will only ever get you $1

My best friends brother made $180,000 profit on the side because he mortgaged a place as soon as he could instead of buying a flashy car first, rented it out to pay his mortgage payments, and then cashed out during a major real estate bubble. then he took his money, bought a pre-owned beemer, and is staying smart with it....and now he's back in the real estate market. And this cat is young. Who knows what's next...

ChyahGT
03-04-2009, 06:23 PM
you need rich honger/twanger parents..

bimmer91
03-04-2009, 06:48 PM
investments. period. my friend's bro is about 24 and he has 500k in investments so he can make even more.

how can i start, lol.

give me the moneyyy$$!!!!

bimmer91
03-04-2009, 06:49 PM
Accounting is way more than sitting on the computer playing with excel spreadsheets. Unfortunately that is what most people think of accountant that they get orgies by trying to balance the book.

People will in fact pay accountant lot of money for their services. And today's accountant knows a lot more than simply just accounting; professionals knows the entire business operation cycle.

Well I'm interested in Accounting, have been for over a year, just don't know how much math skill is required as I'm not great at mathematical skills

oinkoinkpig
03-04-2009, 06:51 PM
one word .... luck..born with rich parents.
If you don't like your life, kill yourself and hope that you reborn with rich parents :)

Carl Johnson
03-04-2009, 06:54 PM
If you have math 11 you are good to go. Most of math in accounting you will encounter are business math. Which is non of the high school Math 12 crap that they mandatory require you to take and memorize.

Harvey Specter
03-04-2009, 06:57 PM
Because someone drives a luxury car doesn't mean they're rich. Most people are living on the banks payroll and are way over their head in debt.

moomooCow
03-04-2009, 06:57 PM
one word .... luck..born with rich parents.
If you don't like your life, kill yourself and hope that you reborn with rich parents :)


Now what if you come back as a rat? =P

misteranswer
03-04-2009, 07:01 PM
Well I'm interested in Accounting, have been for over a year, just don't know how much math skill is required as I'm not great at mathematical skills

If you can add, subtract, multiple, and divide you can count beans.

Kaiten
03-04-2009, 07:09 PM
Sell drugs. BC has a near limitless supply of pot-smokers and nobody cares. At one point I worked with a lady who dishwashed part-time but owned multiple houses in vancouver and okanagan and rolled into work with new hummer and vette, it was quite ridiculous. I wouldn't suggest doing this unless you never plan to have a family though.

But like some people have mentioned, being smart with your money and being aware of opportunities. Having those skills will help you live a comfortable life regardless of your occupation.

cococly
03-04-2009, 07:13 PM
So i mean i see guys rolling around in their 100k AMG's and lots of other crazy expensive cars around town, many of them are young as well. Do they take some crazy 8 year classes in university and become doc's or what?

Just simply asking, because damn i just can't figure it out how these guys are making 6 digit + numbers at such a young age.... :rolleyes:



Doing Business? Do not lock yourself up with the concept of every dollar in your bank account is from working for someone else for $15/hr.

Saving, logistics, international relations, trading. They all earn much more than average workers earn.

Children of some big company CEOs even have one million Canadian every year to spend on. Not a biggy.

Plus, you can always ditch the tax barrier. :)

asian_XL
03-04-2009, 07:19 PM
OT: kinda related...

Trust me, life is tough for these kids. Parents do not pay for their bills once they get a
stable job. They might still live with their parents, but they can never sustain the basic
living with just an average salary. Superficially, they are cool and rich, but mentally,
they are fucking stress out to keep up with the coolness. Think about it, if dad is a CEO,
and you are an average U-grad with a customer service job. What would your parents or
other people think? Sure you do get girls or friends like Hyde. In real life, you have no
achievement.

well, kinda speaking from experience.

jigga250
03-04-2009, 07:41 PM
woah you guys are crazy, it's a battle zone in here...

a teacher told me if you want to make good money do accounting, but what the hell do you do in accounting? sit on the computer play around with numbers doing what? + math isn't my thing, it stresses me out when i can't figure something out.

I though it would be the parents like most people are saying, or possibly they might have just started their own business up.

first of all, don't do something just because you think it will make you money. Do something you find interesting, and that you are GOOD at, and the money should come.

"If you enjoy what you do you'll never work a day in your life"
or something like that?

JHuJHu
03-04-2009, 07:43 PM
i'm gonna say 60% get their money from their parents
30% sell drugs, and lots of it
and 10% work their asses off

thats just my opinion

i agree with this

kc1337
03-04-2009, 08:35 PM
OT: kinda related...

Trust me, life is tough for these kids. Parents do not pay for their bills once they get a
stable job. They might still live with their parents, but they can never sustain the basic
living with just an average salary. Superficially, they are cool and rich, but mentally,
they are fucking stress out to keep up with the coolness. Think about it, if dad is a CEO,
and you are an average U-grad with a customer service job. What would your parents or
other people think? Sure you do get girls or friends like Hyde. In real life, you have no
achievement.

well, kinda speaking from experience.


exactly how i feel

lonelydriver
03-04-2009, 08:38 PM
Because someone drives a luxury car doesn't mean they're rich. Most people are living on the banks payroll and are way over their head in debt.

Yep and there are tons of ppl like that living in Vancouver. I wonder how they sleep every night knowing that the bank owns them till they die..

Hondaracer
03-04-2009, 08:44 PM
in the very soon future you wont be seeing this situation as much, i guarantee it

Leases for cars under 100k are going to become obsolete, banks and private leasing companies are going to be getting out of it completely, and people who cannot afford to have these cars, will no longer be able to lease them

many dealerships now have gone almost exclusively to financing, and there's no way your going to be getting a 0% rate for cars like M3's etc. the rate you will be getting will hurt alot more then the old lease rates, and in turn people will shy away from signing on long term

unit
03-04-2009, 09:28 PM
OT: kinda related...

Trust me, life is tough for these kids. Parents do not pay for their bills once they get a
stable job. They might still live with their parents, but they can never sustain the basic
living with just an average salary. Superficially, they are cool and rich, but mentally,
they are fucking stress out to keep up with the coolness. Think about it, if dad is a CEO,
and you are an average U-grad with a customer service job. What would your parents or
other people think? Sure you do get girls or friends like Hyde. In real life, you have no
achievement.

well, kinda speaking from experience.

reality strikes! boo fucking hoo.

BoneThug
03-04-2009, 09:31 PM
in the very soon future you wont be seeing this situation as much, i guarantee it

Leases for cars under 100k are going to become obsolete, banks and private leasing companies are going to be getting out of it completely, and people who cannot afford to have these cars, will no longer be able to lease them

many dealerships now have gone almost exclusively to financing, and there's no way your going to be getting a 0% rate for cars like M3's etc. the rate you will be getting will hurt alot more then the old lease rates, and in turn people will shy away from signing on long term

you dont think it'll bounce back once the economy starts going up again?

nipples
03-04-2009, 09:40 PM
^ nope. what he says is true. in fact, i believe bmw will now be changing their lease rates to something obscene like 12% or higher. The current marketing voice tells people to keep getting new this new that, and so leases fits it perfectly. but the problem ends up being dealers who're stuck with people returning the cars back to em.

However, i do believe i heard that there are a few car companies out there that will be taking up the slack left from companies phasing out leases.

superdennis
03-04-2009, 09:40 PM
The City of Vancouver equal...

Chinese Immigrants who come from Asia with a great deal of wealth
or
Drugs

If any of you shop @ LV/Gucci downtown... its 90% asians

and we all know the blue collar workers in vancouver cannot afford the luxuries unless they throw all their money into materialistic goods.

So your answer, wealthy immigrants w/ children and drugs dealers

rb
03-04-2009, 09:44 PM
OT: kinda related...

Trust me, life is tough for these kids. Parents do not pay for their bills once they get a
stable job. They might still live with their parents, but they can never sustain the basic
living with just an average salary. Superficially, they are cool and rich, but mentally,
they are fucking stress out to keep up with the coolness. Think about it, if dad is a CEO,
and you are an average U-grad with a customer service job. What would your parents or
other people think? Sure you do get girls or friends like Hyde. In real life, you have no
achievement.

well, kinda speaking from experience.

still beats digging through a dumpster for a bite to eat.

These individuals you speak of probably have every means to pursue that "cool" career with the best education to one-up their CEO father. Whether they have the drive to do so is another thing b/c everything is usually just handed to them. But I'm getting offtopic...

hal0g0dv2
03-04-2009, 09:44 PM
i am sure a millions of these exotic cars are leased, not many people can go buy a new car and pay full, anyone can lease a exotic

Harvey Specter
03-04-2009, 09:53 PM
in the very soon future you wont be seeing this situation as much, i guarantee it

Leases for cars under 100k are going to become obsolete, banks and private leasing companies are going to be getting out of it completely, and people who cannot afford to have these cars, will no longer be able to lease them

many dealerships now have gone almost exclusively to financing, and there's no way your going to be getting a 0% rate for cars like M3's etc. the rate you will be getting will hurt alot more then the old lease rates, and in turn people will shy away from signing on long term

+1.

Off topic a bit but....

I remember reading this one story about a couple who moved to Calgary from China. The husband worked 2 jobs, the wife worked 1 job just so they could go out and lease a BMW for the wife and he could lease a Mercedes for himself. The reason was for status within the Asian community.

I know people at my work who were leasing high end cars, living in homes they couldn't afford and now they're coming back to reality because the banks have stop lending money and they've had to give up their leases and sell their homes they couldn't afford and move into cheaper homes or condos. The same situation is happening all across the US especially in wealthy cities like Miami which is becoming the foreclosure capital of the US.

Sure a small % have deep pockets but like I said before, don't assume someone is "balling" or "rich" because they drive a $100,000 car. Bank flow has ended and some people say the more expensive your car is and the more expensive your home is, the more debt you're in.

Hondaracer
03-04-2009, 09:57 PM
of course only the super elite would go out and drop full purchase price on lambo's etc. but the thing is, the companies leasing these exotics to people have little to no worry, nor do the people leasing them think twice about the rates at which they are leasing them at because the banks have trust in their income/credit, and the leaser has enough assets to recover the price/outstanding funds owed on said cars

id asume the majority of people in Vancouver do infact lease their exotics for no reason other then to not be stuck with a single super car long term, to return an exotic and trade up to somthing new is not uncommon for any well off person and besides who wants a 20 year old LP640 with 100,000kms on it? it isnt much else but a model sitting in your garage at that point

High end leases will always be around because they make sense for the companies involved, leasing 318i's and low end benzes doesnt.

Harvey Specter
03-04-2009, 10:05 PM
Actually ws6ta explained the process of leasing out a Lambo in another thread but I can't find it. I think you have to buy it out or something at the end.

hal0g0dv2
03-04-2009, 10:09 PM
Actually ws6ta explained the process of leasing out a Lambo in another thread but I can't find it. I think you have to buy it out or something at the end.

reason why you cant lease ?

cococly
03-04-2009, 10:12 PM
^ nope. what he says is true. in fact, i believe bmw will now be changing their lease rates to something obscene like 12% or higher. The current marketing voice tells people to keep getting new this new that, and so leases fits it perfectly. but the problem ends up being dealers who're stuck with people returning the cars back to em.

However, i do believe i heard that there are a few car companies out there that will be taking up the slack left from companies phasing out leases.


MB is charging 3.9% ont the lease for their common models... What 12% are u taking about??

Subaru is charging 0.9% on their new 2009 WRX265 for 24months [ DOWN from 4.9% in NOV 2008 ]... Can you do some research before saying that?

I am also having 0.9% rate right now and I am enjoying it.

Talking about paying the monthly lease payment, I actually saved up enough money for the entire lease cycle [ all the montly payment and Downpayment ] before I get the car.

"if you do not have a big head, do not wear a big hat" ...

hongy
03-04-2009, 10:58 PM
I've got a cousin who is one of those kids with rich ass parents. The guy comes to Canada, gets a driver's liscenes and then gets some mercedes. His education sucks, doesn't even plan on trying out for colleges/universitys, and his mother still smothers him with cash. He's 22 now and he's going to be living off of his father's business for the rest of his life. In a way it is kind of sad to see someone live their life this way.

DC5-S
03-04-2009, 11:02 PM
if you want to make some serious dough.. go work at the oil fields in alberta.

GordonTse
03-04-2009, 11:37 PM
yes, everyone here says either rich parents or drug dealers. it's true

but honestly, i admit my parents are paying for my car, but they are neither rich nor drug dealers. and my car is not $50g+ or even $40g. nothing like hongers in AMG's and M's.

it's about saving money. i'm 18 and i got 4g in tfsa this year. guaranteed 90% of my friends don't have a penny of savings. one buddy bought a second car for $4500 when he could of saved it. but none of them are "powered by mommy and daddy", well a few are.

What_the?
03-04-2009, 11:50 PM
My advice is don't worry about the people rolling around in the 100K+ cars, and buying LV bags every week, and balling out of control... No need to think about how or why they got to where they are, because the simple answer is that life has dealt them some good cards. Whether it be through rich parents, or stock market success, or real estate... in the end, when you keep pushing and pushing and pushing, and stressing over why they have all this and you dont, it just ends up with you missing all the good things in your own life...

Once you can let go of that material goods desire that vancouverites so often become obsessed with, i'm sure you'll feel much more relaxed and happy about things in general

I was like that before, now I try to see the bigger picture. Got some good friends, a roof over my head, clothes on my back, and food in my stomach... good enough for me

I have just as good of a time hanging out with my buddies playing poker and drinking beer as any person who drives a ferrari...

A husband and a wife's combined incomes will be enough to raise a family, and have a happy life... The amount of income will vary, but you just gotta play your own hand and work with what you got

Carl Johnson
03-04-2009, 11:51 PM
if you want to make some serious dough.. go work at the oil fields in alberta.

last i heard was that things over there really slow downed due to the drop of oil price

sliq
03-05-2009, 12:04 AM
become a gangsturrr they seem rich

penner2k
03-05-2009, 12:06 AM
last i heard was that things over there really slow downed due to the drop of oil price

yup.. my buddy hasnt worked a single day yet this year..

J____
03-05-2009, 12:15 AM
you morons can't say ppl is rich ppl they got their money from their parents ...then who the fuck the parents get their money from ?? dun tell me its from their parents too

yes we can. Our generation have it the easiest compared to our parents/grandparents. Rich parents became rich because they earned it. Chances are our parents had rough childhoods and worked their asses off to make it some where. Now that they are well off, they dont want their kids to go through the same tough times so they buy them wat they want in some cases, 100k cars. But this just stimulates a lazy generation (ours). But then again, growing up in a rich environment will rub off a little, not all these lazy rich kids will be losers in the future. Chances are 70% of them will be quite successful themselves in the future due to their parents' influence and the availability of funds/resources to invest with or open a business with. Their parents already paved the way for them, all they gotta do is jump on the bandwagon.

edit: there's a saying: having a good wife will push you ahead 10 years in life, having a good dad will push you 50 years ahead.

HonestTea
03-05-2009, 12:18 AM
My advice is don't worry about the people rolling around in the 100K+ cars, and buying LV bags every week, and balling out of control... No need to think about how or why they got to where they are, because the simple answer is that life has dealt them some good cards. Whether it be through rich parents, or stock market success, or real estate... in the end, when you keep pushing and pushing and pushing, and stressing over why they have all this and you dont, it just ends up with you missing all the good things in your own life...

Once you can let go of that material goods desire that vancouverites so often become obsessed with, i'm sure you'll feel much more relaxed and happy about things in general

I was like that before, now I try to see the bigger picture. Got some good friends, a roof over my head, clothes on my back, and food in my stomach... good enough for me

I have just as good of a time hanging out with my buddies playing poker and drinking beer as any person who drives a ferrari...

A husband and a wife's combined incomes will be enough to raise a family, and have a happy life... The amount of income will vary, but you just gotta play your own hand and work with what you got

fucking true! listen to this guy! :thumbsup:

SuperSlowSS
03-05-2009, 12:38 AM
^ nope. what he says is true. in fact, i believe bmw will now be changing their lease rates to something obscene like 12% or higher. The current marketing voice tells people to keep getting new this new that, and so leases fits it perfectly. but the problem ends up being dealers who're stuck with people returning the cars back to em.

However, i do believe i heard that there are a few car companies out there that will be taking up the slack left from companies phasing out leases.

are you joking? Cause I don't think you really know how lease work..or why some manufacture are getting out of it.

SuperSlowSS
03-05-2009, 12:41 AM
Accounting is way more than sitting on the computer playing with excel spreadsheets. Unfortunately that is what most people think of accountant that they get orgies by trying to balance the book.

People will in fact pay accountant lot of money for their services. And today's accountant knows a lot more than simply just accounting; professionals knows the entire business operation cycle.


tell me about it... a few K a year to my accountant for him to plug some numbers into a computer program... ok maybe a little bit more than that. They do try to come up ways to save you tax.

Synaptik
03-05-2009, 12:50 AM
My advice is don't worry about the people rolling around in the 100K+ cars, and buying LV bags every week, and balling out of control... No need to think about how or why they got to where they are, because the simple answer is that life has dealt them some good cards. Whether it be through rich parents, or stock market success, or real estate... in the end, when you keep pushing and pushing and pushing, and stressing over why they have all this and you dont, it just ends up with you missing all the good things in your own life...

Once you can let go of that material goods desire that vancouverites so often become obsessed with, i'm sure you'll feel much more relaxed and happy about things in general

I was like that before, now I try to see the bigger picture. Got some good friends, a roof over my head, clothes on my back, and food in my stomach... good enough for me

I have just as good of a time hanging out with my buddies playing poker and drinking beer as any person who drives a ferrari...

A husband and a wife's combined incomes will be enough to raise a family, and have a happy life... The amount of income will vary, but you just gotta play your own hand and work with what you got

great post.

in the end, does it really matter how fancy their car is? dont stress it, and stop comparing yourself to privileged honger kids. AMG or not they're still playing DDR and sipping bubbletea all day while obsessing over cellphones. i really don't envy them.

A-Dev
03-05-2009, 01:05 AM
My advice is don't worry about the people rolling around in the 100K+ cars, and buying LV bags every week, and balling out of control... No need to think about how or why they got to where they are, because the simple answer is that life has dealt them some good cards. Whether it be through rich parents, or stock market success, or real estate... in the end, when you keep pushing and pushing and pushing, and stressing over why they have all this and you dont, it just ends up with you missing all the good things in your own life...

Once you can let go of that material goods desire that vancouverites so often become obsessed with, i'm sure you'll feel much more relaxed and happy about things in general

I was like that before, now I try to see the bigger picture. Got some good friends, a roof over my head, clothes on my back, and food in my stomach... good enough for me

I have just as good of a time hanging out with my buddies playing poker and drinking beer as any person who drives a ferrari...

A husband and a wife's combined incomes will be enough to raise a family, and have a happy life... The amount of income will vary, but you just gotta play your own hand and work with what you got

/thread

Never understood the attraction to "status", what does it get you in life? Respect?

Naw... I respect the man that works hard 8+ hours a day, everyday to provide for himself and family. Not some guy in true religions and a bmw.

Meowjin
03-05-2009, 01:09 AM
step 1 extract 100% of manufacturing jobs outside of canada

step 2 send them massive amounts of canadian money for products

step 3 ???????

step 4 Richmond?

Sp3cial_K
03-05-2009, 02:09 AM
or you could be alex burrows..who now gets paid $2million/year.

Evolutionian
03-05-2009, 02:28 AM
its gotta be parents.. my parents bought me a mazda3 when i was in gr 12. after my friend f'd it up, i went and start financing another one.. and seriously.. even a used mazda3, at 18,999. financing is hard, and thats with 2 part time jobs.. living at parents house but dont have parents around.. so pretty much like living on my own cept i dont have to pay for rent.

urban.boi
03-05-2009, 02:35 AM
way I see it, why drive a 100k car when I can be investing that 100K.
a 100k car gets me from point A to B but so does a 10K car. Isn't a car use to help u travel from point A to B?

asian_XL
03-05-2009, 02:41 AM
why so much hate against those who are powered by parents?

it's not that they are killing your family or something. They are no different from any
other regular guys out there, go to school and chill out then fuck some chicks. Just mind
your own business.

I know some filthy rich guys who work several part times job and do well at school, what
do you want them to drive if the shittiest car at home is a fucking s-class?

I don't get the point of this thread. We should need a thread that says "why do people
take a bus?" how does that sound?

Marco911
03-05-2009, 04:47 AM
Only 2% of the population can be considered wealthy, so most people can't get there, by definition.

hk20000
03-05-2009, 06:30 AM
Or you drive an AMG in your mid twenties like me.

by buying a 12 year old one that's cheaper than a Civic. Go me!

AzNightmare
03-05-2009, 06:32 AM
It's mainly parents money.
Don't even need to be talking about Baller AMGs and what not.
Even just a simple S2K or 350Z Japanese sports cars are going to be parents money.

Like I believe some guy 18-20 being able to afford that on his own. Yes, there is some that actually can do it, but majority of people won't. First of all, I'll assume they should be in school getting a good education. They're not gonna be able to afford a nice car like that even if it was second hand, third handed, with a part time job on the weekend making like $10/hr. Even if they did it for 5 years. That might be enough to just pay for their insurance, let alone the actual car and gas.

On the other hand, there is some people that work since they were 16 doing part time jobs, working their ass off. And then blowing about 90%-100% of their money on a vehicle. And their parents didn't care and acutally let them do something so stupid like that.

avinayyar
03-05-2009, 06:37 AM
Most of them are leases + Lots of parent's money.

hotjoint
03-05-2009, 06:44 AM
Most of them are leases + Lots of parent's money.

:werd:

taylor192
03-05-2009, 07:52 AM
do you really think its limited to van and toronto?
In Canada it is.

Toronto and Vancouver are the 2 major points of entry for immigrants.

taylor192
03-05-2009, 08:09 AM
Few things:

- Vancouver is a dense city, so you're going to notice more nice cars, it doesn't mean there are more nice cars. Key word is notice. If I go out in my parking lot there's only a handful of nice cars, most people drive reasonable cars.
- You're going to notice more nice cars in the West End/Vancouver West/West Van/North Van... cause well rich people live there or do business there.
- The average family income is less than other major cities, ~$60K. Ottawa's average family income is nearly $90K. Ottawa doesn't have many Lambos, yet doesn't have many car washes with 10 underpaid immigrants. Its all about what you notice.
- OT: For the "left" coast, Vancouver has a greater distinction between the rich/poor than any other Canadian city. Vancouver pretends to be a very left-leaning liberal city, yet its roots are conservative.

- Some cultures accept kids living at home longer. Our typical NA culture encourages kids to leave the nest at 18 and make it on their own, while Asian/Indian cultures encourage kids to stay home.
- If you live at home, make $60K, your take home is ~$3700/mn after taxes. You can easily afford a $1000/mn lease payment and have lots left over to mod it.

- Cars overseas are taxed much more than here (my $40K C230 is nearly $80K in parts of Asia/Europe). This makes justifying buying nicer cars easy for immigrants, they can buy twice the car with the same money.

- Some cultures (Asian/Indian) support the notion of giving their kids a great life inexchange the kids take care of their parents later on in life.
- Ever noiced many Asian/Indian parents work their butts off? 7 days a week, buying modest clothes, living modest lifestyles, ... so their kids can live well and they can take care of their parents.
- How many of these "rich" Asian/Indian families do you see the grandparents living in the same home? Many. Its easier to buy one big home, than 2 small homes.

AznK
03-05-2009, 08:24 AM
It's all about how hard you work
whatever it is your doing

Noir
03-05-2009, 08:37 AM
investments. period. my friend's bro is about 24 and he has 500k in investments so he can make even more.

I <3 this quote. Investments. It's so simple it acutally makes it sound like getting rich is easy. Parallel to the statements like getting rich is as easy as stock buying and selling & real estate purchase and flip.

It rivals those "Get Rich Now" seminars that you see on TV. Unfortunately, life is a whole hell of a lot more complicated than that.

On the other hand, there is some people that work since they were 16 doing part time jobs, working their ass off. And then blowing about 90%-100% of their money on a vehicle. And their parents didn't care and acutally let them do something so stupid like that.

Disagree a little. Barring cases of exception, most people at that age are employed on entry-level jobs. Unfortunately, hardwork doesn't always equal luxury.

If these guys are full-time students and only work part time, the best they can achieve from scratch is a used car not exceeding $10k. If these guys drop school at an early age and just go full-time employment, they can achieve brand new mid-level cars from $15k - $30k at best.

My advice is don't worry about the people rolling around in the 100K+ cars, and buying LV bags every week, and balling out of control... No need to think about how or why they got to where they are, because the simple answer is that life has dealt them some good cards. Whether it be through rich parents, or stock market success, or real estate... in the end, when you keep pushing and pushing and pushing, and stressing over why they have all this and you dont, it just ends up with you missing all the good things in your own life...

Once you can let go of that material goods desire that vancouverites so often become obsessed with, i'm sure you'll feel much more relaxed and happy about things in general

I was like that before, now I try to see the bigger picture. Got some good friends, a roof over my head, clothes on my back, and food in my stomach... good enough for me

I have just as good of a time hanging out with my buddies playing poker and drinking beer as any person who drives a ferrari...

A husband and a wife's combined incomes will be enough to raise a family, and have a happy life... The amount of income will vary, but you just gotta play your own hand and work with what you got

Werd 100%. Got caught up in the lifestyle before too. Not a good lifestyle to live chasing other people's achievements instead of my own.

And trust me...

Driving an entry-level car like Yaris's/Corolla's/Civics but have your own place feels a lot better than driving high-end cars but live with your parents. And trust me, chicks usually dig the former too over the latter (well, except a certain kind of girls ;))

Z3guy
03-05-2009, 08:42 AM
Vancouver has the highest percentage of $30K year millionaires! Really, to drive a nice car doesn't really take much.....$1000-$1500/lease can get you most high end cars. That doesn't mean you are rich, that just means any regular joe can look like a baller. If you own a very nice home in the Westside or the north shore...you can't fake that. I think Vancouver people rather show wealth beforing actually attaining it...what is the saying....."fake it until you make it".....I think you are better off living within your means....regardless........once you stop comparing yourself to others, life is allot smoother and nicer....be happy with what you got. Vancouver is an expensive city, but you really don't need allot of cash to live a great life in Vancouver.

unit
03-05-2009, 09:03 AM
My advice is don't worry about the people rolling around in the 100K+ cars, and buying LV bags every week, and balling out of control... No need to think about how or why they got to where they are, because the simple answer is that life has dealt them some good cards. Whether it be through rich parents, or stock market success, or real estate... in the end, when you keep pushing and pushing and pushing, and stressing over why they have all this and you dont, it just ends up with you missing all the good things in your own life...

Once you can let go of that material goods desire that vancouverites so often become obsessed with, i'm sure you'll feel much more relaxed and happy about things in general

I was like that before, now I try to see the bigger picture. Got some good friends, a roof over my head, clothes on my back, and food in my stomach... good enough for me

I have just as good of a time hanging out with my buddies playing poker and drinking beer as any person who drives a ferrari...

A husband and a wife's combined incomes will be enough to raise a family, and have a happy life... The amount of income will vary, but you just gotta play your own hand and work with what you got

great point, however...
once i reach financial freedom, and have tons of passive income, i wont need to 'stress' about money so much. the best things in life are the little things, but that doesnt mean the big things arent great too. once i have both, that'll be the best of both worlds.

Grandmaster TSE
03-05-2009, 09:18 AM
you morons can't say ppl is rich ppl they got their money from their parents ...then who the fuck the parents get their money from ?? dun tell me its from their parents too

we're talking about the 20 year olds that are driving crazy expensive cars
there is no way beside selling drugs and shit that you're gonna have the cash flow to purchase one of these cars

the parents could have inherited the money from their parents

we're just saying, kids these days are so spoiled by their parents even when they haven't done much in terms of work or school

Presto
03-05-2009, 09:24 AM
first of all, don't do something just because you think it will make you money. Do something you find interesting, and that you are GOOD at, and the money should come.

"If you enjoy what you do you'll never work a day in your life"
or something like that?


I agree. Don't chase down jobs for the money. If you can get a job that you are good at, and enjoy doing, the money will come.

I love my job, and it's quite enjoyable, most days. Once I pull myself out of bed, I'm stoked for the day ahead. My last job made more money, but I'd have to convince myself not to take a sick day to get myself to work.

stuff99
03-05-2009, 09:31 AM
drugs, or paying the car via lease, or parents.

a lot of new immigrants come to canada with $$ cause rich ppl can immigrant with more ease. so when they come they bring lots of money over.

Meowjin
03-05-2009, 10:33 AM
This thread is pretty funny.

BTW i lease a tl, I must be one balling motherfucker.

BoneThug
03-05-2009, 10:43 AM
In Canada it is.

Toronto and Vancouver are the 2 major points of entry for immigrants.

thanks tips, but he never specified canada

wouwou
03-05-2009, 10:44 AM
this thread reminds me of that tool that claim he is better because his parents just transferred 2 houses over to his name.

That was some funny shit, who was that guy?

Adsdeman
03-05-2009, 10:52 AM
People in those nice cars in their 20's are never white, its money earnt abroad

taylor192
03-05-2009, 10:59 AM
thanks tips, but he never specified canada
I'll assume he did since he only named Canadian cities.

This happens in LA and NY, again, 2 major immigrant entry points. I didn't see much of it in Dallas, yet Dallas isn't a major immigration point (or at least not for wealthy families, maybe for poor Mexican families).

hotjoint
03-05-2009, 11:03 AM
Originally Posted by What_the?
My advice is don't worry about the people rolling around in the 100K+ cars, and buying LV bags every week, and balling out of control... No need to think about how or why they got to where they are, because the simple answer is that life has dealt them some good cards. Whether it be through rich parents, or stock market success, or real estate... in the end, when you keep pushing and pushing and pushing, and stressing over why they have all this and you dont, it just ends up with you missing all the good things in your own life...

Once you can let go of that material goods desire that vancouverites so often become obsessed with, i'm sure you'll feel much more relaxed and happy about things in general

I was like that before, now I try to see the bigger picture. Got some good friends, a roof over my head, clothes on my back, and food in my stomach... good enough for me

I have just as good of a time hanging out with my buddies playing poker and drinking beer as any person who drives a ferrari...

A husband and a wife's combined incomes will be enough to raise a family, and have a happy life... The amount of income will vary, but you just gotta play your own hand and work with what you got

:werd: i have tons of friends who are all about "what they have" I'd rather drive a simple car, have a house and have all the nice shit in the house :D

StewartJD
03-05-2009, 11:20 AM
Well I'm interested in Accounting, have been for over a year, just don't know how much math skill is required as I'm not great at mathematical skills

A lot of people have this misconception that accounting is simply numbers, bookkeeping, journal entries, etc., but it all depends on what field you want to get into. If you have a bachelors in accounting, you will most likely aim to get a job with one of the accounting firms, at which point you will be doing auditing for a few years. I find auditing can be a drag, but a lot of the job entails conversations with the client and problem solving. Of course, with any job there is the mundane work, such as looking over invoices, etc.

Most people who do "accounting" per say for a company are bookkeepers. Most basic bookkeeping jobs do not require any post-secondary education.

When your teacher says that accounting pays well, I am assuming he is referring to auditing and being a CA, or obtaining a further designation such as CGA or CMA (different accounting designations). With these designations there will be a lot more in your job then simple bookkeeping.

I'm a UBC BCom grad, major in accounting. Work at one of the big 4 firms, planning to write my CA exam this coming September.

I can hardly do math, I rely on my calculator. Accounting isn't about math.

I personally went into accounting because I feel with the CA designation you can do many things, run a business, be a controller of a Company, go into Finance-type jobs.

The pay isn't good in the first few years (40-60k), but it climbs pretty fast after you get your CA.

Sorry, went on a but of a rant, if you want some more advice (of course it will be my biased point of view), send me a PM.

I am sure you will do well, as you are showing concern at such a young age. Think about all those other people in your grad class who don't even care about doing anything.

BoneThug
03-05-2009, 11:24 AM
I'll assume he did since he only named Canadian cities.

This happens in LA and NY, again, 2 major immigrant entry points. I didn't see much of it in Dallas, yet Dallas isn't a major immigration point (or at least not for wealthy families, maybe for poor Mexican families).

you could say that for any major city on a coast, except for toronto. but i dont care enough to argue it.

89andy
03-05-2009, 11:35 AM
people seem to have misconceptions about leasing cars.

Someone should lease a car if they plan to change cars every 3-4 years, otherwise buying and reselling it every 3-4 years will lose more money.

That means if someone is "just" leasing doesn't even MEAN they can't afford the luxury car (most can). It just means they rather not spend a huge lump sum on a DEPRECIATING asset. They rather invest the money they have in the bank instead of buying the car.

Of course there are cases where people are leasing cars beyong their means but that is for sure not the majority of people. Especially when your talking about asians with rich parents ==''

taylor192
03-05-2009, 12:25 PM
you could say that for any major city on a coast, except for toronto. but i dont care enough to argue it.
London and Paris aren't exactly on the coast, yet are major immigration entry points.

So if you chose to argue you'd be wrong, yet since I stated my assumption there's not much to argue, unless you want to argue my assumption in which case we'll just ask the OP and be done with it. Yet I suspect you are determined to argue for arguments sake so none of that matters. :p

Meowjin
03-05-2009, 01:14 PM
london and paris are the like the top 10 most expensive cities int he world.

synchrocone
03-05-2009, 04:20 PM
We've reached a point in human history where pensions, life savings and cash inheritances are the norm for even the average schmo.. Theres really no excuse to be be out of the loop especially when monthly internet access is the same price as your local paper.

To answer your question people will always need to live somewhere and Vancouver looks like a pretty good choice.

BoneThug
03-05-2009, 04:32 PM
London and Paris aren't exactly on the coast, yet are major immigration entry points.

So if you chose to argue you'd be wrong, yet since I stated my assumption there's not much to argue, unless you want to argue my assumption in which case we'll just ask the OP and be done with it. Yet I suspect you are determined to argue for arguments sake so none of that matters. :p

sigh, well now i thought we were talking about north america. you keep changing the scope

bimmer91
03-05-2009, 04:41 PM
lol all you are crazy, i was kinda talking about their income and what they do but i guess the proof is nothing? and just get all the money from parents.

bimmer91
03-05-2009, 04:44 PM
A lot of people have this misconception that accounting is simply numbers, bookkeeping, journal entries, etc., but it all depends on what field you want to get into. If you have a bachelors in accounting, you will most likely aim to get a job with one of the accounting firms, at which point you will be doing auditing for a few years. I find auditing can be a drag, but a lot of the job entails conversations with the client and problem solving. Of course, with any job there is the mundane work, such as looking over invoices, etc.

Most people who do "accounting" per say for a company are bookkeepers. Most basic bookkeeping jobs do not require any post-secondary education.

When your teacher says that accounting pays well, I am assuming he is referring to auditing and being a CA, or obtaining a further designation such as CGA or CMA (different accounting designations). With these designations there will be a lot more in your job then simple bookkeeping.

I'm a UBC BCom grad, major in accounting. Work at one of the big 4 firms, planning to write my CA exam this coming September.

I can hardly do math, I rely on my calculator. Accounting isn't about math.

I personally went into accounting because I feel with the CA designation you can do many things, run a business, be a controller of a Company, go into Finance-type jobs.

The pay isn't good in the first few years (40-60k), but it climbs pretty fast after you get your CA.

Sorry, went on a but of a rant, if you want some more advice (of course it will be my biased point of view), send me a PM.

I am sure you will do well, as you are showing concern at such a young age. Think about all those other people in your grad class who don't even care about doing anything.

Thanks for the right up, appreciate it.

true to the last part...

maybe only 10% care
70% probably just want to get HS over with
20% come to class and sleep

moomooCow
03-05-2009, 05:47 PM
Thanks for the right up, appreciate it.

true to the last part...

maybe only 10% care
70% probably just want to get HS over with
20% come to class and sleep

Now now, that doesn't mean they don't care/ don't get good grades ;)

jigga250
03-05-2009, 07:22 PM
Only 2% of the population can be considered wealthy, so most people can't get there, by definition.

if we're talking WORLD population, then most of the people posting in this thread are already there

StaxBundlez
03-05-2009, 09:21 PM
i'm also gonna have to say drugs

_Hotsauce_
03-05-2009, 09:38 PM
Rob banks? -->>16

svelt
03-05-2009, 10:35 PM
if we're talking WORLD population, then most of the people posting in this thread are already there

Not world population for sure, otherwise that definition loses all meaning. 2% in North America. Wealth is obviously a relative concept, if everyone was a millionaire then no one would be "wealthy". For you to be considered rich, a lot of other people have to be considered poor; wealth as a social value should be a zero-sum concept. A lot of others have to suffer/work hard for you to become rich. A communist society with plenty of resources does not = "everyone is wealthy" as a social concept...


I think being motivated to work hard and attain wealth just to show off or "one up" the average joe is a really hollow feeling. Hard to imagine how much "happiness", the most basic of human pursuits someone can derive from working for and buying stuff just for others to say "wow she/he is wealthy". Buy a car, home, shoes, whatever for your enjoyment and pleasure that you worked for. It's totally not worth $100,000 to buy an AMG just so that a few of your friends can be jealous or a few extra (and probably, useless) women will be willing to go down on you unless you are totally rich beyond comprehension, or you truly love the car you are going to drive in more ways than a status symbol. Most people making these sacrifices seem to be stretching their budget to do so just to appear rich to their peers... entirely rubbish.

My advice is don't worry about the people rolling around in the 100K+ cars, and buying LV bags every week, and balling out of control... No need to think about how or why they got to where they are, because the simple answer is that life has dealt them some good cards. Whether it be through rich parents, or stock market success, or real estate... in the end, when you keep pushing and pushing and pushing, and stressing over why they have all this and you dont, it just ends up with you missing all the good things in your own life...

Once you can let go of that material goods desire that vancouverites so often become obsessed with, i'm sure you'll feel much more relaxed and happy about things in general

I was like that before, now I try to see the bigger picture. Got some good friends, a roof over my head, clothes on my back, and food in my stomach... good enough for me

I have just as good of a time hanging out with my buddies playing poker and drinking beer as any person who drives a ferrari...

A husband and a wife's combined incomes will be enough to raise a family, and have a happy life... The amount of income will vary, but you just gotta play your own hand and work with what you got


So says the pharmacist whose paycheque should easily clear the 90K region. jk, no negative tone intended ;) I truly entirely agree with this.

What_the?
03-05-2009, 10:58 PM
^hahaha fair enough

but still, the things I enjoy the most are still just regular things like chilling at a coffee shop and reading... playing poker with the buddies... taking a walk on a nice day... etc

don't need much money to do that

and for the record, I don't roll in a fancy car for sure... my car is worth like 2 grand and is older than my brother who's already out of high school... but it does the job :D

BdoubleE
03-05-2009, 11:16 PM
if you wanna roll in an AMG when you're in your mid 20s:

- change your planned major to something with higher $$$ potential (finance i-bankers start at 60k+.. usually 80k first year + bonus if its a good year)

- part time jobs during university, save that $$ and live at home, invest it when you can. by grad you can probably sit on some nice investments, then let it grow.

alternatively, instead of investing the money you earned in university, invest it into some hydroponic equipment, you'll be rolling in an AMG and more, but obviously thats you're choice.

Some fine pointers, you must be rolling in an AMG as well?

El Bastardo
03-05-2009, 11:25 PM
Wheres Grandstand? He should be part of this conversation.

triiippychiiink
03-06-2009, 01:24 AM
graphics will get you there : )

ShanghaiKid
03-06-2009, 03:16 AM
1. age 18 graduate hs, 2. age 22-23 earn bachelors and study your balls off for LSAT, 3. age 26-27 graduate from law school, 4. ???, 5. PROFIT

Marco911
03-06-2009, 04:03 AM
Dude, being a lawyer is a shitty profession. They shuffle papers all day, and pulling 12 hr work days is not uncommon. Plus the job isn't very rewarding. WTF happened to having leisure time?

When you look at who's hanging out in the business/first-class cabin of airplanes, in 5 star hotels and the best restaurants, it's all business people and their financiers. Of course all of them (us) claim to be working, but truth be told, we're having a laugh and maybe a short conversation about business where a deal is done on a handshake. Forget business as an undergraduate degree unless you want to work as someone's grunt.

Marco911
03-06-2009, 04:12 AM
For all you morons saying "drugs" makes you rich. You realize that most drug pushers make below minimum wage right? Those are the guys trying to earn a buck on East Hastings or young kids just trying to make their rental payments each month by selling E and acid. You aren't making the big $$ unless you're involved in large scale production and distribution

ShanghaiKid
03-06-2009, 04:39 AM
Dude, being a lawyer is a shitty profession. They shuffle papers all day, and pulling 12 hr work days is not uncommon. Plus the job isn't very rewarding. WTF happened to having leisure time?

When you look at who's hanging out in the business/first-class cabin of airplanes, in 5 star hotels and the best restaurants, it's all business people and their financiers. Of course all of them (us) claim to be working, but truth be told, we're having a laugh and maybe a short conversation about business where a deal is done on a handshake. Forget business as an undergraduate degree unless you want to work as someone's grunt.

oh never said it wasent hard.. he asked how to be baller, so i gave him my plan

iwantaskyline
03-06-2009, 06:25 AM
For all you morons saying "drugs" makes you rich. You realize that most drug pushers make below minimum wage right? Those are the guys trying to earn a buck on East Hastings or young kids just trying to make their rental payments each month by selling E and acid. You aren't making the big $$ unless you're involved in large scale production and distribution

Pretty damn sure everyone here meant drug dealers who sell crack. Most of them make well above minimum wage but not enough to be "rich".

hotjoint
03-06-2009, 06:58 AM
money makes the world go round

triiippychiiink
03-06-2009, 01:46 PM
1. grad hs at 17
2. grad AI 19
3. work after grad : )

achiam
03-06-2009, 03:35 PM
If you're totally on your own and gonna do it totally legit, you either need a very well paying profession or you're doing some crazy sales job.
Also remember there are loads of people who come from families that are already very off - to them driving those cars arn't spoiling themselves at all and are the "norm" for them.
Then, sadly, there are people who don't earn much at all, but finance those cars with their salary to look good and are basically in a shithole should they lose their jobs.

achiam
03-06-2009, 03:43 PM
So says the pharmacist whose paycheque should easily clear the 90K region. jk, no negative tone intended ;) I truly entirely agree with this.

heh thats right! one of my pharmacist buddies was managing 3 shoppers up north and cleared about $170K/yr. He already bought 3 rental properties before 29? and guess what car he drove???

dead stock 95 Honda Accord with cloth seats

In comparison, I bet you a great deal of people driving AMGs don't have 3 houses.

Marco911
03-06-2009, 06:55 PM
^^The banks own those 3 properties, and when the property market goes tits up, he's in major debt/negative equity. I'm not quite sure why you fuckers think real estate is a risk-free path to financial freedom.
P.S. Pharmacy is another shitty profession. Look at what they do all day. Boorring.

akelly907
03-06-2009, 07:08 PM
Hahah, i love how everyone says drugs straight off the bat. Ya know its not actually that hard to make 100k+ a year. Well actually it is, you have to be an insomniac, you have to have made lots and lots of connections, you must have been to europe at least 3 times, and you have to have made a substantial amount of money by the time you have graduated form highschool, something around 100 grand. No one will want to do any type of business with you unless you got some type of money to throw in. i suggest to anyone that if you can get up to around 300-500 grand together you will be able to make around 3 G's a day. Last tip is to be your own F**8* boss and to not spend any money unless you truly have to, and that is the largest problem with anyone. to give you a quick slip into if this is possible or not i let you into what i did. i started fishing in alaska when i was fourteen, i was pulling in around 25-30 G's a month but only for like 2 and a half months out of the year. once i graduated i put all that money into a clothing business into victory, which imports all types of clothing from china, italy, and the uk. im 21 right now and the only time that i wasnt making that 100k a year was my first year. take it from me, i can guarantee that aside from me, and a few other guys here in victoria and vancouver, i would say that theres about ten of us that actually bust our A** to get to were we are. so there you go, find a high paying, high risk job, save it all for about 4 years, then invest into something that you like to do.

Death2Theft
03-06-2009, 08:05 PM
Yeah finance is where it's at, they are the first to get bailed out and throw big parties with your tax dollars!

Harvey Specter
03-06-2009, 08:26 PM
^^The banks own those 3 properties, and when the property market goes tits up, he's in major debt/negative equity. I'm not quite sure why you fuckers think real estate is a risk-free path to financial freedom.
P.S. Pharmacy is another shitty profession. Look at what they do all day. Boorring.

+1 for the truth.

AzNightmare
03-06-2009, 08:32 PM
Disagree a little. Barring cases of exception, most people at that age are employed on entry-level jobs. Unfortunately, hardwork doesn't always equal luxury.

If these guys are full-time students and only work part time, the best they can achieve from scratch is a used car not exceeding $10k. If these guys drop school at an early age and just go full-time employment, they can achieve brand new mid-level cars from $15k - $30k at best.


That's basically what I mean. People in their early-mid twenties are either in school or making NOT enough to be affording expensive cars. With a few exceptions. But not many.

bing
03-06-2009, 08:42 PM
heh thats right! one of my pharmacist buddies was managing 3 shoppers up north and cleared about $170K/yr. He already bought 3 rental properties before 29? and guess what car he drove???

dead stock 95 Honda Accord with cloth seats

In comparison, I bet you a great deal of people driving AMGs don't have 3 houses.

the AMG people have the AMG and the 3 houses.

Marco911
03-06-2009, 09:07 PM
That's basically what I mean. People in their early-mid twenties are either in school or making NOT enough to be affording expensive cars. With a few exceptions. But not many.

I guess I'm the exception. Then again, I'm a pretty amazing person. :D

hal0g0dv2
03-06-2009, 09:12 PM
get rich or die trying

Marco911
03-06-2009, 09:17 PM
Again, I'm not sure what the point is in accumulating wealth unless you plan to spend it at some point or give it away to your kids so they can have the fun you never did. So if you're building it up from an early age, you are either going to retire rich (at which point you'll probably be spending a lot on viagra just to fuck some wrinkled old hag.)

If you're lucky, you should ideally have a lot of disposable income while you're young and single. Then you can enjoy life and fuck as many good looking people as you can. I think the whole point of wealth is only as a means to get premium ass for you and your future generations.

bimmer91
03-06-2009, 10:36 PM
Hahah, i love how everyone says drugs straight off the bat. Ya know its not actually that hard to make 100k+ a year. Well actually it is, you have to be an insomniac, you have to have made lots and lots of connections, you must have been to europe at least 3 times, and you have to have made a substantial amount of money by the time you have graduated form highschool, something around 100 grand. No one will want to do any type of business with you unless you got some type of money to throw in. i suggest to anyone that if you can get up to around 300-500 grand together you will be able to make around 3 G's a day. Last tip is to be your own F**8* boss and to not spend any money unless you truly have to, and that is the largest problem with anyone. to give you a quick slip into if this is possible or not i let you into what i did. i started fishing in alaska when i was fourteen, i was pulling in around 25-30 G's a month but only for like 2 and a half months out of the year. once i graduated i put all that money into a clothing business into victory, which imports all types of clothing from china, italy, and the uk. im 21 right now and the only time that i wasnt making that 100k a year was my first year. take it from me, i can guarantee that aside from me, and a few other guys here in victoria and vancouver, i would say that theres about ten of us that actually bust our A** to get to were we are. so there you go, find a high paying, high risk job, save it all for about 4 years, then invest into something that you like to do.

25-30 G's A MONTH AT 14, WHAT? I'd do anything to be making that kinda money.

Can you PM some information on how to get into a job like this? When i graduate I'd def do this, work for a few months... I've seen alaska fishing on discovery channel and it's a dangerous job, but **** for that money...

325ist
03-06-2009, 11:23 PM
Some people are just born with the nessesary eqipment to make it in this world
- A mind that can think criticly
- Parents that "value" education
- And a family that will disown you if you become poor
There is no "tried and true" "guarenteed" way to wealth, you just have to find your own way.

AzNightmare
03-06-2009, 11:50 PM
^ exactly.

There's Rags to Riches.
There's poor bums that stay as bums.
There's rich people that took over their sucessful parent's business.
There's rich people that blew all their inheritance away.

Marco911
03-07-2009, 12:11 AM
25-30 G's A MONTH AT 14, WHAT? I'd do anything to be making that kinda money.

Can you PM some information on how to get into a job like this? When i graduate I'd def do this, work for a few months... I've seen alaska fishing on discovery channel and it's a dangerous job, but **** for that money...

Of course he forgot to mention the capital cost of owning the boat that needs to take you out to fish. Nobody's labor is worth 25-30G a month for a job that doesn't take brains or any unique skill.

If you're cute, you'd do a lot better selling your ass.

cool moe D
03-07-2009, 05:29 AM
wanna be a millionaire b4 you hit 20? try copying these people:
http://ca.finance.yahoo.com/personal-finance/article/forbes/1017/how-to-make-a-million-before-you-graduate

achiam
03-07-2009, 06:40 AM
the AMG people have the AMG and the 3 houses.

No I realize that. What I meant, in relation to the OP's post of an average joe starting out with $0 help from parents, was that many people who have $0 family help and work average salaried jobs tend to finance cars they can't afford.
Its obvious that the majority of AMG owners do not fall into this category.

hotjoint
03-07-2009, 07:48 AM
wanna be a millionaire b4 you hit 20? try copying these people:
http://ca.finance.yahoo.com/personal-finance/article/forbes/1017/how-to-make-a-million-before-you-graduate

crazy. A few buddies and I are trying to think of a good iphone app that we could create and make money off :)

achiam
03-07-2009, 10:21 AM
^^The banks own those 3 properties, and when the property market goes tits up, he's in major debt/negative equity. I'm not quite sure why you fuckers think real estate is a risk-free path to financial freedom.
P.S. Pharmacy is another shitty profession. Look at what they do all day. Boorring.

A.) He paid them off and already started his own pharmacy with another pharmacist.

B.) Real estate IS solid - if you don't need to sell them and know there will be solid rental demand for your property. The wealthiest family I know of in London has owned nothing but real estate for God knows how many generations, and they don't care if the market goes up or down simply because they never sell their houses. The rental income is plowed right back to purchase new homes, and my friends and I calculated that their homes were purchasing new homes at the rate of about one/week, while another friend thinks that their lifestyle is financed from interest earned from the rental income alone.

C.) Pharmacy may not be as exciting as i-banking, but its a solid career that is rewarding as you genuinely know that you've helped people. I honestly believe there are altruistic people out there who would help a stranger, and for these people, any profession that would give them this feeling would be perfect.

You've called real estate investors fuckers, and labeled pharmacy as a shitty profession. Given that the original poster, a high school student, humbly asked RS for ways to get ahead in life, care to share your ideal route to wealth?

bossxx
03-07-2009, 11:14 AM
IMO the key to financial wealth is not simply working a day job. Even if you and your wife have relatively good jobs, you won't be well off. Especially if you're living in Vancouver (of course this is nothing new).

The key is doing be doing other investments on the side. Whether it's starting a business, trading stocks, owning several rental properties or whatever else you find opportunity to do other things. (again this has been beaten to death on this thread).

My wealthiest friends all have businesses.

My only advice is to set goals. Set monthly goals, quarterly goals, and yearly goals and hopefully you reach them.

If you have no goals in life you will go nowhere in life (especially if you are given nothing)..

blum2001
03-07-2009, 12:48 PM
B.) Real estate IS solid - if you don't need to sell them and know there will be solid rental demand for your property. The wealthiest family I know of in London has owned nothing but real estate for God knows how many generations, and they don't care if the market goes up or down simply because they never sell their houses. The rental income is plowed right back to purchase new homes, and my friends and I calculated that their homes were purchasing new homes at the rate of about one/week, while another friend thinks that their lifestyle is financed from interest earned from the rental income alone.


I have to agree with you on this. Out of the 3 rental properties I own, only 1 of them has gone down enough in price for me to 'Keep it in the back of my mind' but as you said, as long as I don't sell, and the rent money is continuing to come in, i really don't care. The market is still going down, tits up or however anyone else wants to call and yes, the bank owns about 50-60% of each property, but it's still income coming in from an outside source other than my fulltime job.

I'm 27 years old making $75k + bonuses at my fulltime job, an extra $15-20k on outside contract jobs I do, riding a benz (no, it ain't an AMG yet), living in Yaletown, stocks/the usual, and property on the side. I started at 18 at an entry level job in my industry. Some of this may sound quite good to some of you but I can safely say that this with these numbers and investments I've listed, it isn't enough to live a 'balla lifestyle'. I'm completely comfortable but there's always more room for improvement and as idga-f said above, most of the weathiest people I know too also own their own business too or have extra investments/things they do on the side. I would not be able to live comfortably on a $75k job alone and live the lifestyle I have now.

To the OP, I was asking myself the same thing when I was your age and I realized you need to set a goal for where you want to be at say age 25, or 30 etc, and do what ever it is you need to get there. My family is far from wealthy so this isn't something that was passed down to me. I told myself that at 25 I want to make X amount of dollars, live in X place, and drive X car and I was only 1 year off. Just make your goal reasonable. If you have an idea for a business, seriously research it. Or if you want to climb the corporate ladder, start climbing but also realize that very few get to the very top, so you need investments or your own business or things other than your main source of income if you want to go even higher.

I chose real estate as one of them. So far it's working out for me and even in the economic times, I'm not the least bit worried about the falling real estate market. If my investment/business idea was flipping properties for short term profit, that would be a different story. I took a risk and for now it's paying off, but in the end I would rather take a chance then to have in the back of my mind "Where would I be if I only did this or that?".

I seriously dispise those who are handed their cars, apartments, and material objects to them on a silver platter. Sure they don't know how to earn an honest buck, but I would not want to be possibly responsible for sending my families wealth into turmoil, I'd rather make it. Just don't be one of those guys who sits around and complains, yet doesn't do anything about it. I have a ton of friends like that who are my age or older who have said that 'I got lucky', but it's something called hard work and goals, and honestly I can't really say I have much sympathy for them.

OP, if you have any questions or want any advice PM me, I'd be more than happy to give you my advice or perspective on it.

IMO the key to financial wealth is not simply working a day job.

Probably one of the best statements in this thread in my opinion..

What_the?
03-07-2009, 01:46 PM
Well, what can I say, since Marco911 says Pharmacy is a shitty profession, it must be so...

oh noes

people are catching on... it's true, it's all a sham... I thought we could just slide under the radar, and noone would ever figure out that we're being paid close to a six figure salary, and in some cases over six figures... to put pills in a jar... :(

what shall we do now once the word spreads? People will soon find out that all we do on a daily basis is just put pills in a bottle, and put stickers on stuff... sometimes we get to slack off and just stand around talking to people who tell us about all the young hot girls that they fuck, and wonder why their man parts burn... then we go ahead and tell them to take a tylenol and send them on their way... i thought I could coast by, but i was sadly mistaken

I better start warning my girlfriend, and my other friends that after they run us out of town, their jobs will be next... after all, everything that myself and the people around me do are things that we really just learn in kindergarten... my job consists of counting, talking, and basic manual dexterity... her job consists of using her eyeballs to look at stuff, talking, and writing little notes to people... like the ones we used to pass around in class... those people are nice enough to bring me those notes, and then i can go back to counting and looking busy

man... at least she gets to write stuff and sit on nice rolly stools... some of her friends are totally screwed, when the exciting rich people with fancy REAL jobs get hurt in their fast cars, and are brought in by the guy driving the flashing ice cream truck, these poor suckers think they can just get away with standing around the guy and putting bandaids and things on them... hah! just wait till they finish training those monkeys, i'm sure they'll be the first to go when the government realizes how overpaid they are...

what can i say, we've all got pretty shitty jobs that will soon be taken over by trained monkeys... woe is me :( *tear*

-----

anyhow, i digress... regardless of how shitty everyone's job is, and how everyone likes to compare e-wallets and e-cocks, I think we are missing the point here, and just confusing the OP.

To bring it back on track, i re-emphasize once again my earlier post, in that my sincere advice to the OP is not to look at the hands other people are dealt in life, and focus on your own. Everyone wants to make lots of money... some do, some don't, but don't stress and beat yourself up about it wondering why everyone has a mercedes and you don't... whatever will happen will happen with time. Do your best to prepare for your future, and just wait for your lucky break to come

ienhz
03-07-2009, 02:04 PM
I can't believe you wrote 5 paragraphs just cause someone said pharmacy is a shitty profession. If you like the job, why the hell would you even care what someone says?

racerman88
03-07-2009, 03:35 PM
if you have good credit, you can lease anything you want

freakshow
03-07-2009, 04:26 PM
The real question you should be asking yourself is how you can live a happy life, not a wealthy one.

If you're not happy without your millions, you'll never be happy with them.

What_the?
03-07-2009, 04:31 PM
I can't believe you wrote 5 paragraphs just cause someone said pharmacy is a shitty profession. If you like the job, why the hell would you even care what someone says?

i could have lumped it into 1 paragraph but i opted in favor of easier reading...

i didnt think someone would actually respond to that post... if anything it was meant to be humorous sarcasm before an attempt to steer the thread back on track...

for the record i am fully aware that most ppl have no clue what pharmacists do and think it is a shitty job... nothing we can do about it... my previous post acknowledges that i am fully aware of what ppl think we do.. count pills and put stickers on stuff... the arguement could be made about any profession which you are not and dont know about... hence the references to doctors who seem like they just write and talk... or paramedics who drive flashing ice cream trucks... noone knows what everyone else's career is about... ppl are entitled to their own opinions whether they choose to think they know everything or not...

anyways... back on topic shall we? man... i cant believe i had to explain a sarcastic post...

RFlush
03-07-2009, 04:40 PM
I question these people who say they make it on their own. I am not saying that all aren't the case, but just funny when people say that they were able to afford their AMG at so and so age themselves, yet had their whole lives paid for. School, accommodation, food, spending money all given and then they buy their own car and claim it was their own hard work.

Death2Theft
03-07-2009, 04:45 PM
Really? What 100k+ car do you own again?
I guess I'm the exception. Then again, I'm a pretty amazing person. :D

goo3
03-07-2009, 11:39 PM
for the record i am fully aware that most ppl have no clue what pharmacists do and think it is a shitty job

I fail to see how pharmacy is unlike any other profession where you fulfill a set of duties and possess some base of expertise.. not to insult you or anything.

For whatever reason, the mkt demands that you get paid ~80-90K. I suspect some of it has to do with liability, but I doubt it's because your duties or the knowledge you have is that much out of the ordinary amongst professionals.

You probably have to pass sort of certification to practice pharmacy.. that designation's a 10-20K premium right there.

Marco911
03-08-2009, 08:16 AM
Really? What 100k+ car do you own again?

My 911, doofus.

iwantaskyline
03-08-2009, 08:28 AM
I fail to see how pharmacy is unlike any other profession where you fulfill a set of duties and possess some base of expertise.. not to insult you or anything.

For whatever reason, the mkt demands that you get paid ~80-90K. I suspect some of it has to do with liability, but I doubt it's because your duties or the knowledge you have is that much out of the ordinary amongst professionals.

You probably have to pass sort of certification to practice pharmacy.. that designation's a 10-20K premium right there.

You obviously don't understand how hard the job is or how hard it is to become one.

Spec V
03-08-2009, 09:45 AM
im in my 2nd year trade and i made 45k this year after taxes. i think its enough to enjoy life like goin out with friends buying some nice clothes etc. but a nice truck for me is still out of the question. who knows wut my life is gonna be like 2 years from now when i make a bit more. hopefully i can purchase a nice house. i know a few rich friends who are powered by mommmy and daddy and they said their parents were too cuz their grand parents owned hotels or wut ever over in asia. ppl on here think drug dealing is easy. dealing weed, coke or crack wont get u rich. like some1 said its like a minimum waged job. u want a start a grow op. how are u gonna start it? u need to own a house first, equipment isnt cheap and do u know any contacts. most contacts wont buy from ppl they dont know.
and i think school doesnt garantee ppl jobs. i know a few friends who got buisness and accounting degrees from ubc and sfu. they still make less than 60k before taxes with a massive student loan debt and some havent even found jobs in what they studied for and started school again. i think its all about luck, timing, ppl u know and opportunity.

right now im all about my trade. i make more money than my friends who went to university. i have no debt like they do.
yes they may have nice cars while i drive a pos blazer but i dont look at it that way. when we go out or shopping they use credit cards or what not while i use cash.
who knows 5-10years down the road i might open up my own buisness a be wealthy like my 2 bosses.

the way i see it is just be happy the way u live and enjoy life. opportunities can happen.

spenny
03-08-2009, 10:03 AM
I have to agree with you on this. Out of the 3 rental properties I own, only 1 of them has gone down enough in price for me to 'Keep it in the back of my mind' but as you said, as long as I don't sell, and the rent money is continuing to come in, i really don't care. The market is still going down, tits up or however anyone else wants to call and yes, the bank owns about 50-60% of each property, but it's still income coming in from an outside source other than my fulltime job.

I'm 27 years old making $75k + bonuses at my fulltime job, an extra $15-20k on outside contract jobs I do, riding a benz (no, it ain't an AMG yet), living in Yaletown, stocks/the usual, and property on the side. I started at 18 at an entry level job in my industry. Some of this may sound quite good to some of you but I can safely say that this with these numbers and investments I've listed, it isn't enough to live a 'balla lifestyle'. I'm completely comfortable but there's always more room for improvement and as idga-f said above, most of the weathiest people I know too also own their own business too or have extra investments/things they do on the side. I would not be able to live comfortably on a $75k job alone and live the lifestyle I have now.

To the OP, I was asking myself the same thing when I was your age and I realized you need to set a goal for where you want to be at say age 25, or 30 etc, and do what ever it is you need to get there. My family is far from wealthy so this isn't something that was passed down to me. I told myself that at 25 I want to make X amount of dollars, live in X place, and drive X car and I was only 1 year off. Just make your goal reasonable. If you have an idea for a business, seriously research it. Or if you want to climb the corporate ladder, start climbing but also realize that very few get to the very top, so you need investments or your own business or things other than your main source of income if you want to go even higher.

I chose real estate as one of them. So far it's working out for me and even in the economic times, I'm not the least bit worried about the falling real estate market. If my investment/business idea was flipping properties for short term profit, that would be a different story. I took a risk and for now it's paying off, but in the end I would rather take a chance then to have in the back of my mind "Where would I be if I only did this or that?".

I seriously dispise those who are handed their cars, apartments, and material objects to them on a silver platter. Sure they don't know how to earn an honest buck, but I would not want to be possibly responsible for sending my families wealth into turmoil, I'd rather make it. Just don't be one of those guys who sits around and complains, yet doesn't do anything about it. I have a ton of friends like that who are my age or older who have said that 'I got lucky', but it's something called hard work and goals, and honestly I can't really say I have much sympathy for them.

OP, if you have any questions or want any advice PM me, I'd be more than happy to give you my advice or perspective on it.


Probably one of the best statements in this thread in my opinion..

Good post.

I'm an average worker; I dont have brain surgeon intellect, I dont have rich parents and I dont work 7 days a week (well, at least not all the time). I do have a modest education, and I am currently moving up in my field.

Right now I save a little, but I spend a lot of the money I earn. Mostly because I look down the road and I know I'm going to be making a fair bit more.

I've been doing research and when that time comes, I am going to be looking into investments (most likely real estate) or starting my own business. But right now I'm enjoying my comfortable lifestyle, and it has (almost) been right in line with my goals from after highschool...

spenny
03-08-2009, 10:06 AM
im in my 2nd year trade and i made 45k this year after taxes.

What trade are you in where you can clear 45k as a 2nd year apprentice? lol

RFlush
03-08-2009, 10:45 AM
What trade are you in where you can clear 45k as a 2nd year apprentice? lol

Trading marijuana for cocain, duh!

Spec V
03-08-2009, 12:30 PM
What trade are you in where you can clear 45k as a 2nd year apprentice? lol

im in sheet metal. im a 2nd year but ive been in it for 3 years now. waiting to go into 3rd year. wait list sux. this year was good cuz due to lots of OT, like 10hour days. and working few satrudays. my companys not bad. i make 26bux an hour. the journeyman im with now cleared 85k this year. lots of ppl look down on trades but if ur good at it and work for a good company u get paid out pretty well. i dont give a rats ass about status as long as i make adecent living. i had a co worker who got a job installing elevators and he makes 100k a year. ill take that 8 hour job any day. beats being a lawyer or a doctor in my eyes.

ienhz
03-08-2009, 12:37 PM
anyways... back on topic shall we? man... i cant believe i had to explain a sarcastic post...

Haha, oh please. You didn't need to explain anything. It was pretty clear how you felt from the essay you wrote in your first post.

You guys let Marco911 get to you too easily.

spenny
03-08-2009, 01:01 PM
im in sheet metal. im a 2nd year but ive been in it for 3 years now. waiting to go into 3rd year. wait list sux. this year was good cuz due to lots of OT, like 10hour days. and working few satrudays. my companys not bad. i make 26bux an hour. the journeyman im with now cleared 85k this year. lots of ppl look down on trades but if ur good at it and work for a good company u get paid out pretty well. i dont give a rats ass about status as long as i make adecent living. i had a co worker who got a job installing elevators and he makes 100k a year. ill take that 8 hour job any day. beats being a lawyer or a doctor in my eyes.

Ahh.. ok. I'm a "first level" Instrumentation Mechanic (although I have a related Diploma), after 1.5 years I'm now making 23/hr (25/hr in Sept)..I havent done any levels yet, but I have enough hours and experience so come Jan 2010 theyre going to rush me through at BCIT and I'll be done in 2012 (two levels per year). Journeyman in our union make 39/hr, and can make some really good money with overtime (1 week of 12hr/days = 3 weeks pay). I just hope this recession thing goes away, haha

StaxBundlez
03-08-2009, 01:16 PM
money makes the world go round

..and the girls go down :thumbsup:

hotjoint
03-08-2009, 02:36 PM
..and the girls go down :thumbsup:

u paying girls to go down on you? :confused:

Death2Theft
03-08-2009, 04:43 PM
You paid 100k+ for a non turbo? Wow you rich people really dont know what money is worth.
My 911, doofus.

asian_XL
03-08-2009, 06:02 PM
^ err..do you really know how much for the 911 turbo?

orange7
03-08-2009, 08:03 PM
i think there's a girl who drives a r8 to UBC, and she is powered by her parents..

i also know of another girl who also goes to ubc and drives a m3 convertible. She is powered by her single parent - dad.

one of my university friends drives a porsche carrera convertible. He is powered by his parents who work as lawyers in China.

Death2Theft
03-08-2009, 08:36 PM
Alot more than 100k I hope since thats the topic.

Even then there are a bunch of buy it now 2009 turbo cabs on ebay for 160k range.

2005 turbo cab with 13k on the clock for 60k range.
^ err..do you really know how much for the 911 turbo?

q0192837465
03-09-2009, 03:45 PM
i make <18k/year & i have a hard time getting by. I wonder why.

t8v6
03-09-2009, 04:54 PM
i think there's a girl who drives a r8 to UBC, and she is powered by her parents..

i also know of another girl who also goes to ubc and drives a m3 convertible. She is powered by her single parent - dad.

one of my university friends drives a porsche carrera convertible. He is powered by his parents who work as lawyers in China.

r8 girl's dad owns bmw dealership at richmond automall i think =/

t8v6
03-09-2009, 05:02 PM
i think there's a girl who drives a r8 to UBC, and she is powered by her parents..

i also know of another girl who also goes to ubc and drives a m3 convertible. She is powered by her single parent - dad.

one of my university friends drives a porsche carrera convertible. He is powered by his parents who work as lawyers in China.

r8 girl's dad owns bmw dealership at richmond automall i think =/

orange7
03-09-2009, 05:33 PM
r8 girl's dad owns bmw dealership at richmond automall i think =/


Lol.. and she drives an Audi....

HonestTea
03-09-2009, 05:49 PM
r8 girl's dad owns bmw dealership at richmond automall i think =/

Negatory, Brian Jessel BMW

Great68
03-09-2009, 05:58 PM
I respect the people that can BUILD nice cars more than the ones that can BUY them.

bimmer91
03-09-2009, 06:01 PM
Can anyone specifically explain what you guys mean by 'INVESTEMENTS'

Everyone is saying this so at least i would want to know.

jigga250
03-09-2009, 06:24 PM
Can anyone specifically explain what you guys mean by 'INVESTEMENTS'

Everyone is saying this so at least i would want to know.

don't worry about it

half these guys are just pretending to know what they're talking about

Marco911
03-09-2009, 06:38 PM
Alot more than 100k I hope since thats the topic.

Even then there are a bunch of buy it now 2009 turbo cabs on ebay for 160k range.

2005 turbo cab with 13k on the clock for 60k range.

I see you've been price shopping 911s. Keep dreaming. :)

A nice, clean C4S is easily over $100K+. After taxes, you can be $120++

Marco911
03-09-2009, 06:39 PM
Can anyone specifically explain what you guys mean by 'INVESTEMENTS'

Everyone is saying this so at least i would want to know.

That's where you put in some money and try to make as much money in as short a time as possible

Marco911
03-09-2009, 07:18 PM
Well, what can I say, since Marco911 says Pharmacy is a shitty profession, it must be so...

oh noes

people are catching on... it's true, it's all a sham... I thought we could just slide under the radar, and noone would ever figure out that we're being paid close to a six figure salary, and in some cases over six figures... to put pills in a jar... :(



Information technology is making a pharmacists' job more and more redundant/easier to do. Is it better to rely on a computer database that can instantaneously tell me drug interactions, which will be far more comprehensive and up-to-date than any human's?

Wages are kept artificially high only because the professional body keeps supply of pharmacists limited by making it a difficult degree to obtain. Furthermore, the demand for medical care in wealthy countries is highly inelastic, so ppl can bear a much higher cost for medical care to support these types of professions but it is at a deadweight loss to society. There's a reason businesses and govts have to pay so much for medical care and they're going bankrupt.

In poorer countries, the medical systems can't afford to have such luxuries as pharmacists, and drugs are dispensed directly by nurses or the clinic's receptionist after they are prescribed by doctors.

some_punk
03-09-2009, 10:31 PM
I respect the people that can BUILD nice cars more than the ones that can BUY them.

Same here, any rich guy can buy an expensive car. But building a car from ground up is way more respectable

kc1337
03-10-2009, 12:45 PM
So whos spoiled here? Lets have a tally of parent powered list of users going

hal0g0dv2
03-10-2009, 12:49 PM
me i have 6 lambos

cool moe D
03-10-2009, 01:33 PM
I dont hate on the rich kids that rely on they parents' money because it's the parents who worked hard or whatever they did to get that money so naturally, they're going to want to give their kids the things they might not have had themselves when they were younger. And if the kids flaunt it, they do so because they're young and dumb. In the end, if the dumb showoffs live their lives dependent on their parents and don't learn how to earn their own keep, they will just burn through their parents' money eventually and be poor losers.

!YaoShi
03-10-2009, 05:10 PM
^
rich dad poor dad.

E=mc˛
03-10-2009, 06:49 PM
man how rich can people overseas be though?

Given the exchange rate, $100,000 CAD is like 600,000 HKD, 533,000 Chinese Yuan, 2.6 million TW dollars....

Seriously man how do they do it? It's not like in HK minimum wage is 6x higher than minimum wage here (to balance out due to the exchange rate). Aren't most people overseas considered poor compared to here?

Like the example of the person who's parents are lawyers in China. Lawyers here make how much 100-200k here? Not like in China they make 6x that amount right? People always say how cheap things are in China/HK/TW and that's primarily due to the exchange rate. Going the other way is extremely unfavourable aint it?

Marco911
03-10-2009, 06:53 PM
China is a very corrupt country which creates pockets of extreme wealth at the expense of the poor. In Canada it is more or less a level playing field and society is based on a meritocracy, so it is much harder to become wealthy. As a society, on average, we do better. For example, Marco911 got to where he is purely on his vast talents and merits.

oinkoinkpig
03-10-2009, 07:16 PM
man how rich can people overseas be though?

Given the exchange rate, $100,000 CAD is like 600,000 HKD, 533,000 Chinese Yuan, 2.6 million TW dollars....

Seriously man how do they do it? It's not like in HK minimum wage is 6x higher than minimum wage here (to balance out due to the exchange rate). Aren't most people overseas considered poor compared to here?

Like the example of the person who's parents are lawyers in China. Lawyers here make how much 100-200k here? Not like in China they make 6x that amount right? People always say how cheap things are in China/HK/TW and that's primarily due to the exchange rate. Going the other way is extremely unfavourable aint it?

Hong Kong...somewhat no tax

Blinky
03-10-2009, 10:00 PM
China is a very corrupt country which creates pockets of extreme wealth at the expense of the poor. In Canada it is more or less a level playing field and society is based on a meritocracy, so it is much harder to become wealthy. As a society, on average, we do better. For example, Marco911 got to where he is purely on his vast talents and merits.

C'mon Marco, even you've admitted that you were set up (or born into) in a favourable socioeconomic situation. :D Granted, you've apparently made use of that situation, so thumbs up to you.

man how rich can people overseas be though?

Do you really think that the immigrants that you see here form a representative sample of people in Asia? You do have the "rich" immigrants who are middle or upper middle class - businessmen etc etc (the ones whose children drive Bimmers and Benzes), and you also have some working class immigrants (whose children don't). Then you have the working and poor folk in Asia who couldn't even dream of emigrating.

orange7
03-10-2009, 10:21 PM
so much hate in this world...


this is a car forum.. we discuss about cars, not how we got those cars...

Marco911
03-10-2009, 11:13 PM
[QUOTE=Blinky;6323051]C'mon Marco, even you've admitted that you were set up (or born into) in a favourable socioeconomic situation. :D Granted, you've apparently made use of that situation, so thumbs up to you.

Hmm. Good point. :thumbsup: