not join the military after high school.
not go to a trade school.
not become a engineer.
not become a teacher.

ok. then what?
i mean, what?

tell us please.

Save 10% of every paycheck for the first 25 yrs of your working life and invest in diversified index funds

Marry into old money.

the idea of old money intrigues me.

dupont, ibm, whomever.

maybe a royal?

el chapo?

A lot of punk as_ed kids have found rich's on YouTube, some dropped out of school to do it.

Run for political office, and live off the public dole!

vel, there it is.
seems like it might work.
it's already worked already.

i mean for many folks.
found wealth.
a gift.

Get yourself elected as a Democrat to the US Senate and announce your candidacy for President.

I'm serious--it appears there is no other faster method.........

yes, the way to the top is changing for the average entreprenuer.

find a way to the riches, and they are yours.

taxes might follow or not?

rich socialists or not?

A family fried talked a bout someone we both knew. He said, "He inhered money, he married money, and he makes money".

I'll add that the person was/is, what they call a working fool. More a worker than fool.

Start a church?
Open a funeral home?
Learn a trade like plumbing, hvac, or electrical wiring?
Marry well?
Invest every penny you can scrounge early in life?

we've all talked about wealth early on, but the search button isn't perfect.

wealth comes from:

born into wealth.
investing for wealth.
working for wealth (w/a skill).
stealing wealth.

i wish i could have inherited wealth.
but, it wasn't so ordained. the Fates ya know?

This ^

Learn how to market yourself on social media, hell you don’t even need a product. A lot of people doing nothing more than read books live in a soft soothing voice and they make big money.

One of the predator master YouTube guys drives around a small town here in a Lamborghini...does nothing but films his hobby.

yes, on all accounts.

whatever thou shalt do, do it early in the morning.

that is, early in life. the power of interest rates is phenomenal.

Marry a rich girl, my friend did. He didn’t know she was a millionaire until after they got hitched. He put her off for a couple years, finally gave in. She told him when they got back from the honeymoon. He hunts, fishes, golfs, travels! She has trust fund that will never run out, gets 40,000 a month. They don’t spend all of it each month, just enjoy life.

The quickest path to wealth is politics.
The easiest path to wealth is to inherit it or marry it.
The best path to wealth is to earn it. Earn it in whatever path you choose.

Now it should be pointed out that the best wealth of all is not money.

When most all the barons get tiered of making money, then they work at giving it away.

sometimes i imagine just stumbling around, and falling backwards into a ton of money.

when the flow of money stops, it'll be an eye-opening moment?

different people are born into different circumstances.

wonder what the ideal balance would be?

Buy a ranch up on the Highline.

Your OP is entirely couched in negative terms, positive thinking is more likely to have a beneficial result.

Set goals, expect and overcome obstacles, never quit, hope for a little luck, don't get caught.


mike r

Hahaha!


Yep. Its the only way!

Guess it depends on your definition of rich..
$1mil is rich to some.

$4mil is rich to some.

$4bil is rich to others.

i just hate gd negative terms.

you have been selected to serve.

that's pretty gd negative in my terms of understanding.

moon shiners, meth dealers, mary jane dealers, and others.

al capone was sentenced to fed. prison because of non-pymnt of taxes.

my best advice is to just stay legal. work hard, pay taxes, and enjoy life.

if we could reduce taxes, would my enjoyment of life be able to increase?

Rich Dad Poor Dad.

https://en.wikipedia.org/wiki/Rich_Dad_Poor_Dad

get an economics or finance degree. work in banking or investment banking. use your spare time to network, not hunt, fish, or bullschidt on 24hr campfire. would put you way ahead of most of us here.....

Gus, they say the Good Lord must love poor folks, he sure made a lot of them.

If you were big time rich, you'd be too good to hobnob with the likes of us nobody's.

somebody? dumped a black kitten in my yard.

now, i have to feed her or not.

she's a sweetie.

what to do?

A televangelist charging people for hope and prayers...and you get to rub shoulders/share the stage
with other snake oil types like politicians.

still awholelota dumb sheep out there that are willing to be fleeced.

I'd just rake leaves til I was a gajillionaire. They jus' keep comin'. Or cut hair. Or toenails.

I'd traffic narcotics .

supply and demand.

there it is.

some folks will tell ya they are 'living the dream' but find they are too busy to enjoy it.

for some great wealth is a trap, cause it can come through great responsibilty and not provide a carefree easy life.

some have inherited billions but not the brains and business sense their father had to make and manage such wealth.



and you would be nothing much more than a curio to the old money family you had married into. ..




well like marrying old money , It can come with certain strings attached.

I've walked away from wealth that I never thought I would have done (and prior to such) never understood
how people could do such a thing...well people can and do change , I never imagined I'd be the completely
different person I am today in regards to ones attitude toward money.

Be intelligent, resilient to stress, and hard working.

I know a happy ex-engineer that has a soon to be happy engineer son. Not sure how rich is defined these days. So what?

Unless you are dishonest, you'll never get rich this way. but, if you are (dishonest) prepare for a prison sentence.

Invest in aerocar technology. It's not too distant with drone technology going great guns.

Go to trade school and/or engineering school. Get a job and work hard but not addicted to it. Get married to a wonderful wife and lover, have a couple of kids, go to church often.

That would get a guy most of what he needs and wants in life, most anywhere in the world. He will live long and happy for the most part.

As a retired financial guy....This^^

Win lotto.

After what the government rapes you for.....

Live off of 40%

Invest another 40%

Take the last 20% and make an emergency fund, something that is liquid. As you accumulate some investment power, this may move around. Also, as your emergency fund becomes populated, donate to needy causes, 5-10% year. This will make you more money, way beyond compounding investment income.

It's simple.

Rakin' up those leaves and rakin' in that minumum wage.

That's a Will Rogers quote, I believe.
Jim

Well, he has the Democrats helping him.

Define "rich".

^^^^This!

Well stated!

One of the reasons I have such immense respect for President Trump is due to the fact that his children seem not to have been spoiled by the wealth they were born into.

Become a politician and learn early to sacrifice principles for long term self aggrandizement.

Maybe sell drugs.

Certainly virtue signal like crazy on social media.

I’m not rich and that’s fine.

What's wrong with any of these? Seriously, except maybe the teacher. But even a teacher can make good money at the right job.
If I had it to do over I would have joined the military after college and retired after twenty years then go out and get a great job with the experience gained.

I have an old friend who used to work for the phone company when we were in our 20's. He quit and started his own Electrical company. Fishes from his 40' Open Fisherman now.

I have another old friend who used to own the best LGS around here. He sold it to go back full time in his AC business. Doing much better than he was at the LGS. He just put a brand new AC system in one of my rentals at a very good price.

Got another old friend that just retired from his plumbing business. Runs a drag car ('66 Nova) and builds street rods. Looking at building a house on 100-150 acres in TN right now.

You don't have to be a college graduate to be successful. Hard work in a good trade can get it done.

And, these guys are NOT pajama boys.

just got back from the eye doctor for an annual exam and have this to say:

a guy back in the old rural neighborhood was a rural mail carrier.

also did other things on the side since the route didn't take all day.

his wife enjoyed dabbling in real estate. the local town was growing.

he retired from the us postal service, and they're knee deep in rental real estate.

If that 10% comes from a salary of decent size this is a good recipe for success.

Own a company. I've seen it too many times where guys that worked for a place to get some experience and then took a flier and bought or started a smaller similar company and the thing took off. I remember having lunch with a guy who was considering buying a used machine to start his factory and I convinced him that our company could work with him on purchasing a new machine and he did. Every time I drive past that big converting plant in Oshkosh that he started, I say to myself I got that guy started. Happened a lot too. Another owner told me that he was paying off his 70K converting machine in 16 days and the rest is... Real lucrative and one machine becomes two then more and next thing Ron has sold the company and is out on his yacht somewhere.

Pick a career, work hard, avoid women. You'll be fine.

your experience and related outcomes makes good sense. a growing economy does not hurt either.

someone once told me, and i didn't understand it, was to start a company, get it up to 10 million or so in sales, and when the young person/son/daughter gets up to speed, slice off a piece of it for them. maybe a 1 million dollar piece of the action, and let them get wet behind the ears.

i don't know if that would work or not, but it sounds like a good plan. but first grow a company to 10 million in sales.

My uncle claims to have saved 33% of every paycheck he ever made. Chemical engineer in the chalk industry. Invested from the get go. Never bought a new car, millionaire and my aunt still hung clothes outside to dry....wouldn't even buy her a clothes dryer. I don't know if he ever really enjoyed any of his earnings. But having said that, he has given all 6 of his grandkids the max gift each year on their birthday, graduating highschool with probably 300k or so in the bank each...that's not bad to start out on.

interesting what long-term savings can amount up to.

speaking of chalk, plenty of landowners and chalk companies in middle ga. have made a ton of money.

and let's not forget the train companies who hauled various types of the processed product.

lot's of houses to be painted in america, plus other demands as well.

Excellent.

Not get a loan.