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Old 08-19-2005, 05:30 PM
Jeffage Jeffage is offline
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Join Date: Sep 2002
Posts: 1,047
Default Re: Good Financial Plan?

Interesting thoughts about AC...do you actually think a condo there would lose money? I doubt that would be the case; the city is definitely trending up and could (at the very least) compete with neighboring shore towns (Margate, etc) which have a hot real estate market.

As for the earned income thing, I don't know many people (that aren't in a field like computer programming) earning more than I do at my age (25). I picked a crappy major probably, but I like my job and could ultimately make more money soon. That being said, becoming a pro poker player is always something in the back of my mind, even though it's probably not the best idea.

My poker winnings are not luck. I have paid taxes on significant winning for the past few years now. You could be right the games won't stay as good forever, but I was making money before this explosion (obv. more now).

If you're in my case with a good amount of liquid cash at a young age...what's you plan so you don't work your whole life? I put lots in 401k and invest a good bit (Merryl Lynch guy does legwork). I'd like to buy real estate, etc. Play poker, invest, maybe have other business interests. I'm young, but I'm already tired of working for others, even though I like my job (as far as jobs go).

Jeff
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