King of which 3rd world country?

50k barely covers rent for me

So many interesting 'facts' being thrown around in here, maybe someone can reply with a specific example because I am confused about this 'Study for 3 years make 100k" scenario.
-Pay thousands for a degree
-Move to silicon valley
-pay $1500/month to rent a bedroom in a house with 5 other dudes chasing the start-up dream (if you can even find a room, check san fran rentals lately?)
-Nights out 'networking', spending $100+/night
-??
-earn $100k pre-tax


And look how this worked out for anyone in the late 90's. They chased the tech dream and walked right into the dot-com bubble.

I'm not saying poker is a good career choice but comon man. There are not many options for someone with just a 3 year degree to make a good salary in today's economy. Plus the cost to get a degree is out of control and universities are essentially giving "trophies for participation". When everyone has a degree what makes you special? Unless you know people in the right places that degree isn't all it's cracked up to be. This makes poker more attractive to people with low cost of living because poker education is much cheaper and you can be working(playing poker) while getting that education.

You really don't need a tech degree to get into tech industry. You also don't have to work in a start up.

Lol this. More nonsense by fayth. 100k a year is easily attainable for anyone with people skills. Few poker pros have this though, even fewer are actually making that sort of money online. Most are 20-30k range if they run ok



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Wowowow
More than half of the population in my country get less than 6000$ a year-and I am talking about more than 3 million people.
Just low your living standart and you will be good.Dont be too greedy.

So now it's not just possible but even easy to get a 100k/y paying job 3 years after graduating. Can't make this s**t up.

It obviously depends on the 3rd world country but I'd say "Like a king" is an exaggeration. Consider that with the possible exception of North Korea every country in the world imports cars likes Mercs, Ferraris, SUVs etc. for certain people in the local population to whom 50K per year is not that impressive.

If for you "like a king" means caviar, luxury cars, branded goods etc. then a lot of that stuff isn't cheaper abroad - in a country where wealth is more polarised sometimes they just put the prices up and maximise their value from the inelastic demand at the top of the market - e.g. Champagne is more expensive in Eastern Europe than Western Europe.

But for example in Slovakia a salary of 15K-20K for an IT guy would come with a hot girlfriend - sounds superficial but for her it makes the difference between raising kids in your own place together and raising kids in her parents' place. 50K would then be pretty comfortable. People are often not completely honest with themselves about this but I think often they don't want to be rich or averagely well-off in absolute terms, but relative to other people.

But in a way this is all backwards. Work out, based on your personal values, how your everyday life should look and then look into the options for how you could live it - which includes in what countries you could live it - and yes this is relevant for US readers too except for ones who have been banned from travelling.

Like a king is a bit of an over statement.

I could (do) live extremely comfortably with 50k a year. I eat out when I want, I buy as much weed as I can really smoke, pay my mortgage for my 100k house, pay off my loans, and still have extra money to play cards, bet sports, hookers and blow, and even save a little if I want.

All this in western New York 6 hours away from the biggest city in the world.

The internet more like the nation is filled with morons like this.

Do you want to know why you don't have a good high salary? It's because you're soft, do the bare min, and lack the vision and drive to put yourself where you want to be. The U.S. has some of the best colleges in the entire world. The best. Do you know what most foreigners say when they study here? They say how SOFT it is. How easy it is because how lazy Americans are.

That's why all these stereotypical "super smart" asians and indians totally kill it in the classroom and in the work force. Guess what? They weren't born mad geniuses. They just worked longer, harder, faster and had more drive than the guy sitting next to them. That's where the edge, the biggest edge is. Face it, most americans and i guess people in general want to do the bare minimum. They want to go through the motions. And that's A OK in my book. But they will not be competitive and have those high paying salaries in short amounts of time. It's impossible.

So just keep crying, keep wasting your time getting drunk and high and watching netflix instead of changing your situation and putting your sorry ass in a book and getting great at knowledge and sharpening your networking skills to help land the good jobs.

fwiw I study mathematics and physics at University College London and if I go the way most graduates on my course go I can hope to start at £23k and make like £50-80k/y in 10-20 years.
It doesn't matter how smart or good you are at your job, no employer will be dying to give you more of their money than they have to until you've been with them for a long time. Welcome to the real world.
But I would love to live in your dream world where dream jobs grow on trees.

then dont go the way most graduates go? how stupid are you? this is the same thing with philo majors crying about their situation. i feel kinda sorry for guys who lack vision or the drive to become marketable and valuable to employers and would rather bitch and moan on the internet about it. whatever works for you.

what`s the alternative tho?
you`ve said dont go the standard graduates route, but can u actually give one or two real examples of what could work as an alternative?

hahaha yeah 100k/yr easily attainable

hurrrrr durrrrrrrrr

we could say the exact same about poker, you don't make 100k because you're not smart and you don't work hard enough bla bla bla

btw I'm not saying it's easy to make 100k/yr playing poker nowadays but saying it's easy to do it with a normal job is just as ridiculous

Where did I say it was going to be easy? IMO you sound like all the other pros who are ignorant bordering on ******ed who think that because they win at a card game that makes them intelligent out in the real world.

and your flat out wrong. it is so much harder to make 100k in todays online poker climate than it is to make in with a real job.

Lancelot, if his goal was to make the most amount of money right out college in the shortest amount of time... he already ****ed up by choosing a math/physics major. Anyone with half a brain knows that while the degree is solid, its essentially useless without grad school or a PHD. How the op didn't realize this before and not make his peace with it is beyond me.

That said, the benefits of such a degree is that it can open up so many doors. He can go in any direction with a degree like math/physics, its entirely up to him. The obvious drawback to such a degree is the amount of time to get where he wants to be imo.

well bumpnrun said "100k a year is easily attainable for anyone with people skills."

you are not making a whole lot of sense though, where did I say me winning at poker made me intelligent in the real world? I said it wasn't easy to get a 100k job in the real world and you were more likely to make 100k playing poker within 2-3 yrs than you would be getting a real job, I still stand by that statement

spouting this **** backs up my statement about ******ed poker pros who know nothing about the world outside poker drawing extremely stupid conclusions and leading people astray.

+1

I want to believe you Todd but you can't give a single example when apparently there are thousands of these jobs out there waiting to be filled.

Wow that list is scary short.

I don't think it's easily possible for most to make over 100k a year working for someone else as a regular employee, without a degree or without many years of experience and/or professional certifications. For instance, master electricians, very experienced welders, etc. Even with a lengthy degree, you will need to put in some years of experience before you make 6 figures, in general (dentists, doctors, lawyers, etc). Since the definition of working for someone else typically means that your employer is making more off you than you are making for yourself.

Not to say it's not impossible to be an exception. I dropped out of HS to work a 60k/yr salary job for a Fortune 500 company, and had a new 6-figure salary plus tons of stock options at a start-up company a year later. This was during the y2k dotcom bubble. No degrees or certs of any kind, but did have many professional references from "known people" in the industry.

??? Maybe in Murica it's between law, med or homelessness but here it's a bit different. I worked extremely hard to even get a place in the course and the degree is one of the most respected and sought after by employees (not to suck myself off but just getting the degree means you're smarter than the vast majority of other graduates).
You want me to be sorry for not ditching higher education and looking to make it big somehow (still waiting for you to name a couple ways to do this)?
You are an utter cretin. Shut your ignorant trap dude.

shh, guys, cant you see? he KNOWS. everyone is stupid and that's why they're poor, but he's not one of the sheeple, he KNOWS

How to get rich quick by Todd5

1. F**k higher education, who the hell needs that? That's for lazy morons. I mean it's common knowledge anyone can get any degree by getting drunk and watching netflix all day.
2.??
3.????
4.????????????
5. Print 100k a year.

Easy.

These days don't you have to be an elite poker player to make $100k annually? I'd say most people would have a better chance to achieve that salary in other career paths.

I think it's relatively easier and it's not close. Just think of going from scratch to 100K a year. $25/hr real wages equivalent at 200NL is 50K a year (2080 hours x $25/hr)

You would have to play 80 hrs/wk at 200NL to make 100K, and that's with ZERO studying or working on your game.

It's hilarious people think this is even possible nowadays. To go from scratch to that would take 2 years at LEAST, and by that point the curve is so far ahead of you you're a year behind.

Are there many, or any, people consistently earning 25/hr at 1/2 NL live over a decent sample size?

I mean, it's certainly easy enough to punch numbers into a calculator. But are hardcore grinders putting in 12-15 hour days really clearing 100k or even close? For some reason I doubt it