I Called In Sick Today

[brvheart 1,752]

Brvy, I,we never said you were stupid or lazy, we just were making defuctions off of your ridiculous statement about making anyone a millionaire

 

I wasn't joking or being sarcastic. I am dumb and lazy. However, I think anyone could be a millionaire with the right coaching.

 

 

Example Napa: He's too worried about his 50k job where all his bosses love him. So instead of moving forward with making money... he's going to wait a year or two.

 

That's what I would do too... but a millionaire wouldn't.

 

Napa is in a great situation right now. No family. Doesn't mind roommates. Has a ton of income he doesn't need. Could easily qualify for a duplex right now. He can skip the first 50 steps a homeless guy would have to do on my reality show.

[Ron_Mexico 4,219]

 

 

I wasn't joking or being sarcastic. I am dumb and lazy. However, I think anyone could be a millionaire with the right coaching.

 

 

Example Napa: He's too worried about his 50k job where all his bosses love him. So instead of moving forward with making money... he's going to wait a year or two.

 

That's what I would do too... but a millionaire wouldn't.

 

Napa is in a great situation right now. No family. Doesn't mind roommates. Has a ton of income he doesn't need. Could easily qualify for a duplex right now. He can skip the first 50 steps a homeless guy would have to do on my reality show.

 

I'm sure you're not lazy and you're definitely not dumb, so SHUT IT.

 

Not to get all into Napa's bidness, but I'm sure money isn't falling out of his pockets. He's hinted at having a substantial amount of student loans and those can weigh you down.

 

Duplex ownership is great in concept, but can he carry it if he doesn't have a tenant, or if one stiffs him, if the ac goes, can he afford to replace it, the roof, etc. you can't be cash poor and be a landlord, not to imply he's cash poor.

 

Besides, he should live a little before he starts that. See some of the country, world. Something.

 

You are right though, it's a good time to be Napa

[brvheart 1,752]

I'm sure you're not lazy and you're definitely not dumb, so SHUT IT.

 

Not to get all into Napa's bidness, but I'm sure money isn't falling out of his pockets. He's hinted at having a substantial amount of student loans and those can weigh you down.

 

Duplex ownership is great in concept, but can he carry it if he doesn't have a tenant, or if one stiffs him, if the ac goes, can he afford to replace it, the roof, etc. you can't be cash poor and be a landlord, not to imply he's cash poor.

 

Besides, he should live a little before he starts that. See some of the country, world. Something.

 

You are right though, it's a good time to be Napa

 

I'm not saying you're wrong. But if Napa's goal was to be a millionaire in a short time, he could do it.

 

He could lock down spending to the necessicities, and he would have no problem paying the mortgage without a tenant. In DSM, you can get a huge duplex for 125k, so his payment would be <$1100/mth without a tenant OR a roommate. If one side was a 3 bedroom, he could list it on Craigslist for 900 and have a list of people a mile long. Then he could charge a roommate 300 or 400 and quickly his savings would rocket to protect him from AC/emergency situations.

 

After he has 6 months of all his bills in savings... then it's time to start looking for duplex #2.

[InternetExplorer 2,609]

being a landlord sounds like a huge pain in the ass. I know, most things that get you ahead involve something that's a pain in the ass. I'm just saying.

 

I really disagree with the idea that napa's doing something wrong. he's earning a lot of money (for his generation) doing what he's intended to do from day one. suited, also in the track he wants to be in. I think dawson was mostly intending to try to make shake feel bad about himself. and, bravo, I say.

[brvheart 1,752]

For the record, I don't think Napa is doing anything wrong either.

[InternetExplorer 2,609]

I applied to a competitor last night for an "ETL" position. wrote a pretty fantastic cover letter, turns out what I'm doing is directly related. I might go on the circuit with this cover letter.

[Ron_Mexico 4,219]

I think dawson was mostly intending to try to make shake feel bad about himself. and, bravo, I say.

 

Liked for the "bravo, I say"

 

$125k for a duplex? Goodness. Also, his mortgage would be considerably less if $125 is correct

[brvheart 1,752]

Liked for the "bravo, I say"

 

$125k for a duplex? Goodness. Also, his mortgage would be considerably less if $125 is correct

 

Yes. And I was leaving room for a bad interest rate due to little or no money down.

 

If he claims the duplex as his homestead, he can buy it like a single family home instead of a commercial property. That's also how he's going to be able to get his 2nd duplex. He'll have to move into the 2nd one to allow the homestead to transfer, but that's not a problem for our money-makin' NapDog.

 

 

 

 

Vince Vaughn just gave one of the best monolouges in SNL history.

[Dawson Leery 12]

Wait, were you talking about the proverbial you kids or did you have any advice for me specifically? Because I'd really like to hear it. I'm constantly worried I'm not doing something I should be.

 

Edit: also sick jacket brah. I didn't end up copping that one I posted. I'm only making associate money. Plus I forgot about it.

 

Going to the casino tonight. Gonna play some 1/2. And probably some blackjack and craps.

 

Nappy you're in great shape. You're an associate at a public accounting firm, and it sounds like the people like you. You're going to screw up, they know that, your only job is to learn from your mistakes. You'll be fine.

 

Pretty sure he suggested less faggotry and more confidence.

 

Just a guess

 

More or less. People need to go out there and get what they want, stop making excuses, stop making it easy for people to say no. Maybe I discount how lucky I got, but when I made up my mind to get onto the buyside, I got a ton of no's. Persistence got me where I wanted to be.

 

being a landlord sounds like a huge pain in the ass. I know, most things that get you ahead involve something that's a pain in the ass. I'm just saying.

 

I really disagree with the idea that napa's doing something wrong. he's earning a lot of money (for his generation) doing what he's intended to do from day one. suited, also in the track he wants to be in. I think dawson was mostly intending to try to make shake feel bad about himself. and, bravo, I say.

 

No no, shake's doing way better than he should. I'm impressed he's still alive.

[Napa Lite 3,278]

Don't let Brv fool you. That duplex is gonna be in the upper white trash part of town at best.

 

Won like $230 at poker. Hit some hands, made some good calls and some awful bluffs that worked. Made it out of the place without playing any table games. Losing money I won playing poker feels way worse than just losing money for some reason. I usually only play table games when I lose at poker, which is probably super healthy.

[Essay21 2,385]

My body just cannot handle alcohol. Took a shot and it burned so bad. Not sure what it was but my body just instantly rejected it. I puked it right back up. Like I wasn't even drunk. My body was just not having that inside it.

 

 

[Ron_Mexico 4,219]

That's nothing. I can't really do shots either. I always need something to cut the liquor.

 

Just the smell of tequila makes me dry heave and I haven't had a shot of it since the night I got arrested.

 

Even that night though, I choked, literally choked., down tow Patron shots. They are awful. Tried to put beer in my mouth with it. Yuck.

 

Suited, you like Mr Pibb, you should get so e Southern Comfort. That was always enjoyable. Little sweet in volume, but good for you.

[Sickinfo2 291]

Duplex ownership is great in concept, but can he carry it if he doesn't have a tenant, or if one stiffs him, if the ac goes, can he afford to replace it, the roof, etc. you can't be cash poor and be a landlord, not to imply he's cash poor.

 

 

 

Northwest arkansas is like the duplex capital of the world. Back around ninety five there were subdivisions everywhere growing them. Word on the street was build one, rent the other side out, make the payments and live for free!

 

 

 

Didnt work out so well. The problem was multi-fold. First off, this is a big college area. Plus the building boom brought every illegal mexican in the area that vegas couldnt handle....

 

 

 

Young families quickly tired of waking up weekend morning to la cuckaracha music and open piped hondas being tuned in the driveways. Import engines hanging from trees over hoodless mini trucks. Beer bottles busted in the road and students destroying the insides with drunken parties

 

 

 

My favorite was when my BIL got suckered into buying/renting out half and called me over one day to fix a leak. Someone stole the toilet from a students bathroom and he replaced it with a five gallon bucket with a hole cut in the bottom sitting over the flange. Ran a garden hose from outside to flush it...

 

 

 

Anyway, the vast majority of duplex owners sold them for a loss when slews of apartments popped up everywhere

 

 

 

 

being a landlord sounds like a huge pain in the ass.

 

 

 

They are. But the key is to find the biggest ******* possible to manage them. Give them free rent in one to do so. Then you only have to do a drive by once in a while to inspect them

 

 

 

Keep them for a few years, cook the books to show big profits, mortgage them to the hilt, then dump them on an "investor"....

 

 

 

Owner finance of course...then take them back and start all over after they throw in the towel

 

 

 

 

 

 

Ill be fishing....tweets to come

[ShakeZuma 585]

I think dawson was mostly intending to try to make shake feel bad about himself.

 

no he said something about wasting talents so he couldn't have been talking about me.

 

No no, shake's doing way better than he should. I'm impressed he's still alive.

 

you and me both buddy, you and me both.

[brvheart 1,752]

More or less. People need to go out there and get what they want, stop making excuses, stop making it easy for people to say no. Maybe I discount how lucky I got, but when I made up my mind to get onto the buyside, I got a ton of no's. Persistence got me where I wanted to be.

 

I have a feeling Strat isn't going to like this post.

 

Don't let Brv fool you. That duplex is gonna be in the upper white trash part of town at best.

 

Won like $230 at poker. Hit some hands, made some good calls and some awful bluffs that worked. Made it out of the place without playing any table games. Losing money I won playing poker feels way worse than just losing money for some reason. I usually only play table games when I lose at poker, which is probably super healthy.

 

You have to start somewhere Napa!

 

Nice score.

 

Northwest arkansas is like the duplex capital of the world. Back around ninety five there were subdivisions everywhere growing them. Word on the street was build one, rent the other side out, make the payments and live for free!

 

Didnt work out so well. The problem was multi-fold. First off, this is a big college area. Plus the building boom brought every illegal mexican in the area that vegas couldnt handle....

 

Young families quickly tired of waking up weekend morning to la cuckaracha music and open piped hondas being tuned in the driveways. Import engines hanging from trees over hoodless mini trucks. Beer bottles busted in the road and students destroying the insides with drunken parties

 

My favorite was when my BIL got suckered into buying/renting out half and called me over one day to fix a leak. Someone stole the toilet from a students bathroom and he replaced it with a five gallon bucket with a hole cut in the bottom sitting over the flange. Ran a garden hose from outside to flush it...

 

Anyway, the vast majority of duplex owners sold them for a loss when slews of apartments popped up everywhere

 

They are. But the key is to find the biggest ******* possible to manage them. Give them free rent in one to do so. Then you only have to do a drive by once in a while to inspect them

 

Keep them for a few years, cook the books to show big profits, mortgage them to the hilt, then dump them on an "investor"....

 

Owner finance of course...then take them back and start all over after they throw in the towel

 

Ill be fishing....tweets to come

 

Beans! Quit poisoning the well! Buying apartments isn't until like step 9.

 

Napa: step 3, dont rent to Mexicans.

[InternetExplorer 2,609]

I didn't hate the post. my options are either more education (masters in Spreadsheet Guy ala speedz) or a CFA at this point, and it pretty much has to be on my own dime.

 

the other option is to stay with this employer for way too long hoping that they'll give me a job title that looks good on a resume. which they probably won't. so I don't know.

 

I don't know how long I need to work to have enough experience for a good school to look at me for a Spreadsheet Guy MBA.

[InternetExplorer 2,609]

yeah, basically don't care at all about trading anymore, and the thought of taking the CFA is unappealing to me. so I need to figure out what is needed to get into a master's program like that.

[brvheart 1,752]

What kind of MBA do you want? Because there are 100's of decent schools that you would qualify for immediately. You could go exclusively online... like at the H. Wayne Huzienga School of Business at Nova Southeastern University, or somewhere like Iowa State or Kansas. If you're paying them money, they'll accept you.

[ShakeZuma 585]

and you'll spend three years busting your ass for a degree that will do absolutely nothing for you. I think the economic downturn has made an mba almost a throwaway degree.

 

 

if I were actually an intelligent person, I would go back to school to get a degree in engineering of some sort. damn good money there for a fairly low stress career. but I know I'm not smart enough to do the actual work so it would be a waste of money and time. oh well.

[Tiltinagain 973]

Good to see the return of Dawson and his insistence that persistence and determination pays off hasn't upset the inherent dooms day attitude we've come to expect and love around here.

 

Went and saw Olympus Has Fallen with the wife last night. Pretty good, entertaining movie. Very cool, relevent premise since the bad guys are the North Koreans.

[InternetExplorer 2,609]

and you'll spend three years busting your ass for a degree that will do absolutely nothing for you. I think the economic downturn has made an mba almost a throwaway degree.

 

 

if I were actually an intelligent person, I would go back to school to get a degree in engineering of some sort. damn good money there for a fairly low stress career. but I know I'm not smart enough to do the actual work so it would be a waste of money and time. oh well.

I'm talking about the degree speedz mentioned, the one where his friend makes a bunch of money doing spreadsheet stuff. my personal experience is that it has a lot of utility to companies, just a matter of finding one smart enough to want to pay for it (vs. relying on someone like me who has little experience). I'm not saying they are dumb to rely on me, just that I could easily be some incautious hack and they would never know the difference until several months from now, when thousands of trades have been booked wrong, or an audit goes horribly, etc.

[Essay21 2,385]

Because I'm such an expert I have to be on call tomorrow in case any tax pros have last minute retirement distribution questions. You guys should be impressed.

[brvheart 1,752]

and you'll spend three years busting your ass for a degree that will do absolutely nothing for you. I think the economic downturn has made an mba almost a throwaway degree.

 

 

if I were actually an intelligent person, I would go back to school to get a degree in engineering of some sort. damn good money there for a fairly low stress career. but I know I'm not smart enough to do the actual work so it would be a waste of money and time. oh well.

 

It's not a throwaway degree, it's just not as valuable. It's becoming more like a bachelors used to be. For certain jobs, they won't even look at you unless you have one, type of thing. But beyond getting you through the HR gatekeepers, it's meaningless. It certainly won't hurt you. I'm guessing if you had an MBA, several of the places you applied would have rejected you in the interview stage, instead of not responding.

[brvheart 1,752]

I'm talking about the degree speedz mentioned, the one where his friend makes a bunch of money doing spreadsheet stuff. my personal experience is that it has a lot of utility to companies, just a matter of finding one smart enough to want to pay for it (vs. relying on someone like me who has little experience). I'm not saying they are dumb to rely on me, just that I could easily be some incautious hack and they would never know the difference until several months from now, when thousands of trades have been booked wrong, or an audit goes horribly, etc.

 

Was that an MBA or some other master's degree? Do you remember what it was called?

[InternetExplorer 2,609]

some kind of master's. I PM'd speedz because I'm not good at finding things like whiskers.