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Lets just assume you can LIVE WITHOUT the 20k in pay. If you stay in your current job and put that same 20k into the stock market for the next 4 years (80k to
by zer00eyz 11y ago
Lets just assume you can LIVE WITHOUT the 20k in pay.
If you stay in your current job and put that same 20k into the stock market for the next 4 years (80k total) and then do 10% gains for the next ten years... you come out to 200k in your pocket.
If the founder your talking to was asking you for 80k would you give it to him? Go ahead get out your checkbook and write him a check for 80 grand right now. See how thats going to make you feel, take a good long hard look at it. Ask yourself what its going to take to GIVE HIM that check, what would he have to tell you or show you or do for you.
That cash out of your pocket is REAL, its tangible. The options, don't count them, ever. They are incentive not compensation.
- nicholas73 11y agoBoth the non-taxed 20k and 10% gains are not going to be realistic.
- zer00eyz 11y agolast 3 years the S&P would get you close to 10% the last ten years on the S&P would put you firmly at 5% Thats assuming you don't pick a decent fund with return rates that sit somewhere in the middle. If your lucky/smart you fund may return much higher, or you get slapped and loose money. If one isn't doing it already, 401k withholdings can go up to 18k a year (close enough to 20k a year), and you can get some more savings in there depending on your marriage and partners employment status. If OP isn't maxing out his non taxable investments today, then him putting aside 18k in 401k from his current paycheck (rather than taking the cut) has even MORE upside for him, than I'm suggesting. And hitting the right fund (and its unlikely) could have 14% returns. SO I fully agree with you, my estimates could be foolishly low (or outrageously high) we simply don't know.