3 ms·
It's not what you make, it's what you save/invest. I know plenty of guys who made good money, but blew it all on bad decisions. One guy had a half million in st
by icedchai 4y ago
It's not what you make, it's what you save/invest. I know plenty of guys who made good money, but blew it all on bad decisions. One guy had a half million in stock from an exit where he was an early employee. The company was acquired by a public company, one that we would all recognize.
He decided he should become an angel investor (with almost no experience), blew through at least a couple hundred K there, started his own company, blew through the rest. He lived a high maintenance life style: expensive cars, expensive house, spouse that didn't work. If he had done nothing, kept the stock, stayed at his original job, it would be worth at least several million today. That public company did very well.