Tuesday, June 27, 2006

WikiHow of the day

Check out How to Retire in Your 30's (most amusing - I thought...). My abridged version:
  1. Define the dream.
  2. Make a LOT of money by getting a job in:
    • Investment banking - These Wall Street jobs can pay extremely well. In exchange, you sell your soul: the hours are a grind, the work is dull, and your boss is an egomaniac.
    • Sales - You can earn a lot doing this dull job of sucking up to corporate IT drones.
    • Engineering - If you join early at the right startup, you might be be able to Buy a Private Island after 4 years of work. But more likely, you will grind away endless hours for an incompetent 27 year old CEO and his insatiable venture capital masters before the company goes belly up, leaving your options worthless.
  3. Lower your expenses. Resist the massive pressure to dress, eat and shop like your peers, and live a modest lifestyle. Focus on work, as your play will come later.
  4. Invest wisely. Remember that the more you play it safe, the longer it'll probably take you to retire.
  5. Keep your eye on the mark. There will be times when you feel like giving in and throwing in the towel.
From the warnings section:
Be aware this article is not titled "How to Be Happy". The financial freedom of early retirement described in this article requires sacrificing many things that most people believe are the greatest sources of happiness in life, such as driving a German automobile, wearing clothes with the right label, or for the more selfless, having kids

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