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“ You can make a lot of money working for FAANG, but you are going to be working hard and for long hours. It's not an easy job, and it's fairly pointless to hav
by andreilys 7y ago
“ You can make a lot of money working for FAANG, but you are going to be working hard and for long hours. It's not an easy job, and it's fairly pointless to have money if you work away all your best years. Programming is a service industry, and real money comes from owning things, not from doing things, because things you own make you money even when you're not doing anything. ”
Except the principal you earn from your FANG job can then be used to purchase income generating assets (equities that produce dividends, real estate, etc.)
It’s not uncommon to save $50-100k+ per year which can then be put to work making money for you. This is still one of the few industries where if you start working at 22, you can achieve financial independence by 35-40 years old with fairly high probability.