Quote:
Originally Posted by 1973
I am asking the question because there is no definite answer and I want to hear different perspective of what $1.5 millions mean, what a job means and what is life about.
The problem is that $1.5 millions isn't little but it is not really quite alot. Many average professional who make 100k annually can easily make that amount before they reach 50 years old. Another problem is that although I have some experience in investing, I know that it is not 100% guarantee. It is well possible that I may not make a single cents in the next 2 years.
The good thing about my job is that it has provided me with a safe stable income all these years while I work on investment. The problem with this job is that over the years, it start to get more demanding. Moreover, like what I have said, it is not a highly respected job. Actually, it is getting abit unbearable for me. That is why I am considering quiting this job for full time investment.
Maybe, in six months time, I may have 2.5 millions. Then the answer will be more straight forward.
|
As you alluded to earlier, doing well in investment needs some luck. If you are confident of being as lucky as you have been, then quitting your day job is fine.
People making 100k don't necessarily save the bulk of their income. If they save only 50k per year, it takes 30 years to reach your current level. You are already way ahead in the game, which perhaps makes it slightly easier to decide on whether to keep your day job.
Good luck!