Quote:
Originally Posted by pokerfan655
I always see posts like you can make so much more money in life outside of poker - while this is certainly true it's extremely hard to make over say 150k in the real world, without trading away all of your time. First off finding a job where you can make 150k or more is extremely hard unless you live in a super HCOL area. When you get paid a good salary they own you - you are usually traveling, working long hours, weekends, etc. - you're a slave. You also get killed by taxes - you have much better shelter when you work for yourself.
The opportunity to make 150K+ in a normal market in the US is there for almost anyone. The reason a vast majority don't is because they are either a risk adverse, one-track thinking nit, a lazy POS, or are well below a normal intelligence level in both the book sense and street/common sense. Almost anyone with a good head on their shoulders who is willing to do the work and the research needed should be able to make 150K+ after the first 5 years or so of working. Real Estate, finance, and insurance offer plenty of sales and commission based opportunities as well.
Now, getting to the point of making 150K+ from your primary occupation can be very difficult but again, your one-track minded if that is your only stream of income. There are so many different investment opportunities out there that don't always require a lot of up front capital, and I am certainly not taking about scammy type crap, that if you are not having your money work for you in some way, you are truly missing the boat financially. Real estate is just one of many fairly easy opportunities.
Being able to have a fairly flexible schedule is quite easy as well after a few years. It is when you add marriage and kids into the equation it becomes more difficult, but that is true if your a poker player as well. Also, the amount of hours and time you would need to put into studying and working on your game in poker to be able to get to a level of making 100K+ consistently would be equal to if not exceed what you would have to put into the job market to get the point of making 150K+.
Consistently making 100K+ per year in poker is
exceedingly more difficult, especially if you add in having the ability to also plan for the future financially. The key pat of that is
consistently making 100K/yr where variance will not affect your ability to make 100K+ every year.