8 Figures
If you were to restart in finance, what would you do to have an net worth of 8 figures before your late 30's and what steps would you take to reach them?
Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
May 31, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
Buy nvidia and live in a poor income apartment, retire after nvidia stocks split and AI boom
What job what you work?
He's the unemployed Canadian grad that is on here to mess with everyone to feel better about his own miserable life.
The way you make 8 figures by late 30s is taking risks.
My plan is to make 7 figures on May 1st. That is the goal.
What have you done so far?
May 1st is the final table of a poker tourney I’m playing in. Top 3 get 7 figure payouts. I have one entry for the tourney, but trying to get more. Playing Day 1 on 4/14. FT is Day 4.
Risk adjusted wealth creation is actually fairly simple. Most people just aren’t willing to do it because we aren’t robots, we are monkeys with emotions. But it’s minimizing expenses and investing everything in a technology ETF. Working a IB/PE job would help but there are other paths to high income.
What most people do is scale expenses with income (which is okay) economics is about utility and value not just cost. For example, who cares if you have 8 figures at 40 if your family hates you and have been through 2 divorces and you are estranged from children. A robot wouldn’t care but most monkeys do.
Perspiciatis atque at ab rem corrupti. Aut eos est voluptas pariatur iusto. Omnis ipsam nostrum ut. Est ipsam et eligendi sed maxime reprehenderit. Nemo iure sed ab voluptate sint sunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...