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The big internet companies pay excellent salaries, so I would propose getting a position there, climbing the corporate ladder, buy a reasonably priced home and
by gtsteve 5y ago
The big internet companies pay excellent salaries, so I would propose getting a position there, climbing the corporate ladder, buy a reasonably priced home and build retirement and investment accounts. These companies pay well but it's a trap to addict you to what they can pay you so you can't consider leaving, so avoid lifestyle creep.
Perhaps it's not very exciting but it is reliable.
If I had my time again I might not have gone the startup route but I was lucky so not sad about that. Would I be lucky if I tried again? Perhaps, but probably not.
- ergocoder 5y ago"paying excellent salaries" is an understatement. Staying at FB as an engineer from 2012 to now would easily earn you 10m... assuming career growth. There are probably more than 20 companies that can give you the same deal. That's a generational wealth if you come from a developing country...
- askafriend 5y agoYou nailed it. I'd add - avoid lifestyle creep, take that 10m and put it into stocks, real estate, startups and crypto. Then just sit back and watch the money flow.