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  1. #1
    kunhap10 is offline Junior Member
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    How am I doing?

    Hi all,
    I'm 29 and started to work since I was 25. I saved up to 75k by now. I'm single and do not have a home. Not sure if I'm doing well in my career financially as I heard my other friends already saved up to 100K by now. Not sure if they are lieyng or not. I'm a fulltime employee but really like to jump into the business world to make more money. Any comments are welcome.

  2. #2
    stlsmoore's Avatar
    stlsmoore is offline Senior Member
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    To save up 75k by just working a full-time for 4 years is really good if you asked me. Have you thought about putting a little bit into stocks?

  3. #3
    wa_success's Avatar
    wa_success is offline Member
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    Quote Originally Posted by kunhap10 View Post
    Hi all,
    I'm 29 and started to work since I was 25. I saved up to 75k by now. I'm single and do not have a home. Not sure if I'm doing well in my career financially as I heard my other friends already saved up to 100K by now. Not sure if they are lieyng or not. I'm a fulltime employee but really like to jump into the business world to make more money. Any comments are welcome.
    Nice job on saving such a significant amount of capital. You must have a strong sense of discipline.

    I just sent you a PM.

    Regards
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  4. #4
    Jay Brass is offline Senior Member
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    You worked for 4 years and already have $75,000?!?!? That seems like a lot to me.

  5. #5
    kunhap10 is offline Junior Member
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    Thanks for the inputs. And yes its 75k in 4 years. It would have been 80K if i was not involved in a car accident. But my friend has over 100K in 4 years. Not sure how he did it. Some people make like 1 million in 4 years. I donnt know how they do it.
    Last edited by kunhap10; 05-25-2008 at 07:48 PM.

  6. #6
    kunhap10 is offline Junior Member
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    Quote Originally Posted by stlsmoore View Post
    To save up 75k by just working a full-time for 4 years is really good if you asked me. Have you thought about putting a little bit into stocks?
    No i havent' But i'm planning to invest in a salon with a friend of mine.

  7. #7
    Silverion is offline Member
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    Buying established websites can be one of the best investments nowadays. The return they produce can be of 100% or more every year. And if you don´t have time or knowledge to manage one, just hire someone who does, for a percentage of the websites revenue or a predefined amount.

  8. #8
    jon763 is offline Junior Member
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    That's quite an achievement! Time to make it work for you, no?

  9. #9
    Mega B's Avatar
    Mega B is offline Super Moderator
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    Well done 75k is a nice amount to have in savings and if you use the principal of compounding it that will grow at a totally amazing rate after say another 10-15 years that will just explode.

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