Notices

$$

Old 09-27-2012, 04:21 AM
  #1  
Senior Member
Thread Starter
 
Alureing's Avatar
 
Join Date: Aug 2011
Location: Never ENDING Cold Ct
Posts: 4,048
Default $$

Please school me on how to make a "boat load" of cash. I am 34 years old, I live in ct, I have a beautiful wife and two kids,a 2000 sf house, a 24 ft cc, a 1968 camaro, a full time job at a local hospital as an electrician, own my own full time business, have two employees, and think Im doing well. UNTIL I look on The Hull Truth, Yactworld, etc.... and see all you guys with 40+ foot sweet ass boats riged out to the gills, HOW the &*#@ do you do it??? I can barley pay for what I own now, I see 300,000$ cc's for sale WTF where did I go left?? Anywone out there want to share a secret??
Alureing is offline  
Old 09-27-2012, 04:29 AM
  #2  
Member
 
Join Date: Jun 2012
Location: Marine City, Michigan
Posts: 76
Default

Originally Posted by Alureing View Post
Please school me on how to make a "boat load" of cash. I am 34 years old, I live in ct, I have a beautiful wife and two kids,a 2000 sf house, a 24 ft cc, a 1968 camaro, a full time job at a local hospital as an electrician, own my own full time business, have two employees, and think Im doing well. UNTIL I look on The Hull Truth, Yactworld, etc.... and see all you guys with 40+ foot sweet ass boats riged out to the gills, HOW the &*#@ do you do it??? I can barley pay for what I own now, I see 300,000$ cc's for sale WTF where did I go left?? Anywone out there want to share a secret??
Get handed a business from parents
Marry into money
Become a lawyer
Boone00021 is offline  
Old 09-27-2012, 04:33 AM
  #3  
Senior Member
 
Join Date: Apr 2010
Location: PLYMOUTH, MA.
Posts: 1,632
Default

D E B T (Can't live with it, can't live without it)

Inquire about boat loans.. they'll finance you up to 20 freaking years!!!!
Prolineguy is offline  
Old 09-27-2012, 04:37 AM
  #4  
Admirals Club Admiral's Club Member
 
Join Date: Jun 2009
Location: Panama City Beach, FL...
Posts: 3,222
Default

Lots of people got their money 'the old fashioned way' (they inherited it or married it)... Others not only worked hard, but more importantly worked smart... If there was a 'single simple secret' to unlimited wealth, I doubt that secret would stay a secret very long... My advice would be to focus on your business, grow it where the profit is greatest & shrink it where it's barely breaking even. Also live 'way below your means' & IMO either re-invest in your business (or buy real estate, as long as it's cheap). Also keep in mind that lots of the (rich) people your admiring are 1 missed paycheck away from bankruptcy
Reel Stamas is offline  
Old 09-27-2012, 04:41 AM
  #5  
Admirals Club Admiral's Club Member
 
Join Date: Sep 2009
Location: Seacoast, NH
Posts: 2,844
Default

Sounds like you have a Pretty nice life.....love it and you'll be happy.

Don't chase the crazy money, if you work hard, you will do well and you will have a happy life and family. Everything on top of that is gravy.
hamptonsurf is offline  
Old 09-27-2012, 04:43 AM
  #6  
Admirals Club Admiral's Club Member
 
Join Date: Sep 2009
Location: Seacoast, NH
Posts: 2,844
Default

[QUOTE
Become a lawyer[/QUOTE]


There ae lots of lawyers that work their asses off and make less than your average electrician.....there's no magic bullet for wealth

Last edited by hamptonsurf; 09-27-2012 at 05:52 AM.
hamptonsurf is offline  
Old 09-27-2012, 04:45 AM
  #7  
Senior MemberCaptains Club Member
 
Join Date: Apr 2007
Location: Stuart, Florida
Posts: 3,608
Default

First move out of CT and move to a state with no income tax and reasonable property taxes plus the fact you won't have to put up with so many nampy pampy liberals .

Be happy with what you have, live within your means. Plenty of those boats and other things you are envious of have their owners hocked up to their gills. The grass is not always greener. Having a good marriage, healthy, well adjusted kids makes you far more wealthy than plenty of others who have boat loads of cash or debt.
oceanluvr30 is offline  
Old 09-27-2012, 05:49 AM
  #8  
Senior MemberCaptains Club Member
THT sponsor
 
Schmaltz~Herring's Avatar
 
Join Date: May 2002
Location: Cruising Lake Titikacka On My 18' Bayliner Element With 60 HP Optimax's
Posts: 17,345
Default

Originally Posted by Boone00021 View Post
Get handed a business from parents
Marry into money
Become a lawyer





hahahhahahhahhaha
Schmaltz~Herring is offline  
Old 09-27-2012, 05:54 AM
  #9  
Admirals Club Admiral's Club Member
 
catfever24's Avatar
 
Join Date: Oct 2009
Location: Up the Creek, FL
Posts: 5,157
Default

Originally Posted by oceanluvr30 View Post
First move out of CT and move to a state with no income tax and reasonable property taxes plus the fact you won't have to put up with so many nampy pampy liberals .

Be happy with what you have, live within your means. Plenty of those boats and other things you are envious of have their owners hocked up to their gills. The grass is not always greener. Having a good marriage, healthy, well adjusted kids makes you far more wealthy than plenty of others who have boat loads of cash or debt.
catfever24 is offline  
Old 09-27-2012, 05:58 AM
  #10  
Senior MemberCaptains Club MemberPLEDGER
 
Join Date: Dec 2001
Posts: 11,836
Default

Originally Posted by Boone00021 View Post
Get handed a business from parents
Marry into money
Become a lawyer
Ya left out winning the Powerball...
Wolakrab is offline  
Old 09-27-2012, 05:59 AM
  #11  
Admirals Club Admiral's Club Member
 
Join Date: Jun 2010
Location: Brooklyn, NY (Bay Ridge)
Posts: 14,657
Default

Originally Posted by Alureing View Post
WTF where did I go left??
Your best answer is, probably high school, if not sooner. That is where the wheels probably started to fall off. To me, it's almost always about education as I believe the majority of the wealth in the US comes from many Ivy Leaguers.

But I also have only ever worked in a corporate environment and almost all the folks I deal with at the upper levels have that kind of background and/or their family does.

Don't compare yourself to others and if you do, look at all those doing worse than you are.

There will always, always, be someone doing better, so no good looking up.

J

Last edited by Esuomm1; 09-27-2012 at 06:13 AM.
Esuomm1 is offline  
Old 09-27-2012, 06:00 AM
  #12  
Senior Member
 
Join Date: Jul 2009
Location: Peoples Republic of New Jersey
Posts: 6,783
Default

Maybe because i'm in NJ, its like this, but i learned a while back if you don't have a conscience or moral compass and don't mind F'n people over your pocket book can get real deep.Now If you do have one of the problems i listed above, thats fine enjoy the richness in your life (wife and kids and experiences with them. BTW I have a junky 30 year old bertram I'm fixing up, so not everyone is running 150K + boats
jerseysportfisher is offline  
Old 09-27-2012, 06:08 AM
  #13  
Admirals Club
 
Ronn Burgandy's Avatar
 
Join Date: Oct 2010
Location: Where the wild things are
Posts: 15,108
Default

Move to South Carolina for one. For the house/land you have in CT, it'll cost you half. There, I just freed up $150k for your new boat.
Ronn Burgandy is offline  
Old 09-27-2012, 06:14 AM
  #14  
Senior MemberCaptains Club Member
 
Join Date: Mar 2003
Location: Waco, TX 76706
Posts: 2,568
Default

Lose the wife and kids, sell the CT house and move somewhere cheaper to live
shemstreet is offline  
Old 09-27-2012, 06:16 AM
  #15  
Senior Member
 
Join Date: Aug 2011
Location: Lantana, FL
Posts: 1,670
Default

This is easy, there are only four rules that anyone can do:
1. work a little harder then the other guy (a lot harder is not required).
2. Get married.
3. Don't get divorced.
4. Don't have kids.

You messed up on number 4. You made your choice, have an "attitude of gratitude."
partyb is offline  
Old 09-27-2012, 06:21 AM
  #16  
Senior Member
 
Join Date: Mar 2008
Location: Home of the Pirates
Posts: 1,480
Default

Start a Ponzi scheme
TheBobcat is offline  
Old 09-27-2012, 06:46 AM
  #17  
Senior MemberCaptains Club Member
 
Join Date: Jun 2002
Location: Long Island,NY
Posts: 11,973
Default

Plenty of ways to make the kind of money you want, some of those ways are rather easy to do. But you run a real risk of significant jail time if caught.
SeaJay is offline  
Old 09-27-2012, 06:49 AM
  #18  
Senior Member
 
Join Date: Mar 2011
Location: Algonac michigan
Posts: 5,612
Default

Become Mayor of Detroit.
muskamoot is offline  
Old 09-27-2012, 06:53 AM
  #19  
Senior Member
 
Join Date: Mar 2007
Location: St Barths F.W.I.
Posts: 4,382
Default

Work smarter, not harder


Live for today, plan for tomorrow
BSpot is offline  
Old 09-27-2012, 06:56 AM
  #20  
Admirals Club Admiral's Club Member
 
Join Date: Sep 2009
Location: Seacoast, NH
Posts: 2,844
Default

Originally Posted by Brian Bedell View Post
This is easy, there are only four rules that anyone can do:
1. work a little harder then the other guy (a lot harder is not required).
2. Get married.
3. Don't get divorced.
4. Don't have kids.

You messed up on number 4. You made your choice, have an "attitude of gratitude."

#4 is a must do....you'll regret it when you are 65, 70 and have nobody to take care of you.
hamptonsurf is offline  

Thread Tools
Search this Thread