Comments on: A big raise for this year http://www.1stMillionAt33.com/2008/03/a-big-raise-for-this-year/ A site to share my tips, tools, and humble thoughts on the journey to wealth Sun, 02 Oct 2011 19:26:45 +0000 hourly 1 http://wordpress.org/?v=abc By: RB @ RichBy30RetireBy40 Blog http://www.1stMillionAt33.com/2008/03/a-big-raise-for-this-year/comment-page-1/#comment-5355 RB @ RichBy30RetireBy40 Blog Sat, 25 Jul 2009 17:34:37 +0000 http://www.1stMillionAt33.com/2008/03/a-big-raise-for-this-year/#comment-5355 Engineering is a good starting career job where anybody with 10 years experience can make 100-150K. But, essentially it's a dead end job if you want to aspire hire. So many people from my business school class were engineers wanting to change. It's just human nature. Finance guys right out of business school at 28 years old make 150-200K regularly. By the time they are 32, they are making $300-500,000 no problem. The career choice is huge in terms of retiring early. Hence, why I will stick with finance for the next 8-10 years. Rgds, RB Engineering is a good starting career job where anybody with 10 years experience can make 100-150K. But, essentially it’s a dead end job if you want to aspire hire.

So many people from my business school class were engineers wanting to change. It’s just human nature. Finance guys right out of business school at 28 years old make 150-200K regularly. By the time they are 32, they are making $300-500,000 no problem.

The career choice is huge in terms of retiring early. Hence, why I will stick with finance for the next 8-10 years.

Rgds,

RB

]]> By: paul http://www.1stMillionAt33.com/2008/03/a-big-raise-for-this-year/comment-page-1/#comment-4067 paul Mon, 31 Mar 2008 06:16:15 +0000 http://www.1stMillionAt33.com/2008/03/a-big-raise-for-this-year/#comment-4067 if engineering careers are not attractive to Americans how will America maintain its standing in the world ? that should profoundly change our long term investment strategy. if engineering careers are not attractive to Americans how will America maintain its standing in the world ? that should profoundly change our long term investment strategy.

]]> By: AJC @ 7million7years http://www.1stMillionAt33.com/2008/03/a-big-raise-for-this-year/comment-page-1/#comment-4066 AJC @ 7million7years Mon, 31 Mar 2008 02:42:43 +0000 http://www.1stMillionAt33.com/2008/03/a-big-raise-for-this-year/#comment-4066 Do you have a strategy for how you are going to allocate the raise to saving / spending / investments? I'd recommend saving at least 50% of this and any future pay increases ... your thoughts? Do you have a strategy for how you are going to allocate the raise to saving / spending / investments? I’d recommend saving at least 50% of this and any future pay increases … your thoughts?

]]> By: Frugal http://www.1stMillionAt33.com/2008/03/a-big-raise-for-this-year/comment-page-1/#comment-4064 Frugal Sun, 30 Mar 2008 04:11:10 +0000 http://www.1stMillionAt33.com/2008/03/a-big-raise-for-this-year/#comment-4064 I will always pay sufficient attention to the clients' money, like my own. My future raise?? I don't think that far. Just want to do every of my job properly. There are some economic trends that individuals just can't fight against. Either you pay attention to the trend, or be swallowed by it. For engineering, I'm guessing one should move to the center of the development to continue one's career. Moving oversea obviously is a big decision. I'm ready to get off my career in about 15 years (or less), which probably will be 10 to 15 years earlier than my desired retirement age. That's just how things go. I'm very optimistic, because there are always so many things that one can do, if one is courageous enough to overcome his own pride. I will always pay sufficient attention to the clients’ money, like my own.

My future raise?? I don’t think that far. Just want to do every of my job properly.

There are some economic trends that individuals just can’t fight against. Either you pay attention to the trend, or be swallowed by it. For engineering, I’m guessing one should move to the center of the development to continue one’s career. Moving oversea obviously is a big decision.

I’m ready to get off my career in about 15 years (or less), which probably will be 10 to 15 years earlier than my desired retirement age. That’s just how things go. I’m very optimistic, because there are always so many things that one can do, if one is courageous enough to overcome his own pride.

]]> By: Todd http://www.1stMillionAt33.com/2008/03/a-big-raise-for-this-year/comment-page-1/#comment-4063 Todd Sat, 29 Mar 2008 22:37:40 +0000 http://www.1stMillionAt33.com/2008/03/a-big-raise-for-this-year/#comment-4063 grats on the nice raise. I am do for a raise this month, but it doesn't sound like it will be as handsome as yours. grats on the nice raise.

I am do for a raise this month, but it doesn’t sound like it will be as handsome as yours.

]]> By: klughing http://www.1stMillionAt33.com/2008/03/a-big-raise-for-this-year/comment-page-1/#comment-4059 klughing Sat, 29 Mar 2008 06:21:13 +0000 http://www.1stMillionAt33.com/2008/03/a-big-raise-for-this-year/#comment-4059 Hey... I'm also in engineering. What do you think i should do now if the future in engineering doesn't look so good in the US? :( Hey… I’m also in engineering. What do you think i should do now if the future in engineering doesn’t look so good in the US? :(

]]> By: Elad9000 http://www.1stMillionAt33.com/2008/03/a-big-raise-for-this-year/comment-page-1/#comment-4056 Elad9000 Fri, 28 Mar 2008 16:06:06 +0000 http://www.1stMillionAt33.com/2008/03/a-big-raise-for-this-year/#comment-4056 How is working so mant hours going to affect your money management business? Or, how is your MM business going to affect your future raise potential? How is working so mant hours going to affect your money management business? Or, how is your MM business going to affect your future raise potential?

]]> By: lakshmanan http://www.1stMillionAt33.com/2008/03/a-big-raise-for-this-year/comment-page-1/#comment-4055 lakshmanan Fri, 28 Mar 2008 13:32:01 +0000 http://www.1stMillionAt33.com/2008/03/a-big-raise-for-this-year/#comment-4055 congrates on ur raise/bonus congrates on ur raise/bonus

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