Client awards you $1mm for superior performance. You quit your job to accept it. Violation?

Greenman72 wrote:
You know what I’d do if I had a million dollars? Nothing. I would stay home all day and do nothing.
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Then after 10 years you will be penniless and unemployable.
 
Greenman72 wrote:
You know what I’d do if I had a million dollars? Nothing. I would stay home all day and do nothing.
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You should watch Silicon Valley on HBO, pretty funny.
…as for the million dollars you should invest half of it in low risk mutual funds and then take the other half to my friend asadulah who works in securities.
 
ohai wrote:
How is $1 million even close enough to not work nowadays?
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There are plenty of places in Central and South America where you could retire very comfortably on $1MM.
 
@Ohai - Methinks you missed the joke. You need to watch the movie “Office Space”. Then report back to us.
 
How bad has the CFA brainwashed people for some to actually debate whether to keep $1 million or the Charter.
 
former trader wrote:
How bad has the CFA brainwashed people for some to actually debate whether to keep $1 million or the Charter.
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it’s like the CFAI saying ‘GOLD! GOLD! HURRY AND GET IT!’
and all the shovel sellers (CFA Tutors) all screaming, “YES! TONS OF GOLD! BUY MY SHOVEL! IT’S THE BEST!”
and then thousands of candidates with no finance experience going “RAH RAH!! I’M GONNA BE RICH and MAKE IT TO FRONT OFFICE!”
Few candidates break in successfully. the real winners are the CFAI (who charged you $3k to take exams) and the shovel sellers (who charged you $3k+ for books/classes).
 
itera: “Do as I say, not as I do.”
I am looking up money laundering in the dictionary.
 
1m you can easily live in the philippines for life. Your expenses will be15k/year you want upper class lifestyle. 30k/year and you are a king. no joke.
Here’s an interesting stat I pulled from one of my outlines.
49. You need an annual income of $34,000 a year to be in the richest 1% of the world, according to World Bank economist Branko Milanovic’s 2010 book The Haves and the Have-Nots. To be in the top half of the globe you need to earn just $1,225 a year. For the top 20%, it’s $5,000 per year. Enter the top 10% with $12,000 a year. To be included in the top 0.1% requires an annual income of $70,000. America’s poorest are some of the world’srichest.
 
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