Ways to wealth

[oldnslo]

Become a politician

 

[Raul-02]

Law school isn't all that special today

No it is not. The schools lost their minds cranking out as many as they could. Making attorneys a dime a dozen. It is so bad that with my doctorate and a license I was paid 30 grand a year as a state's attorney.

Neither is having an MD as a General practitioner. the norm now is a factory practice run by a business person who is not an MD and the Doctors answer to nurses and have no control over their own practice or their own time. It's the same thing that happened to Pharmacists. Now those poor bastards are all bottom of the totem pole employees working for grocery store chains or slaving away in a factory pharmacy practice working on a production line.
In the NY area it is common for law firms to farm their work out by satellite to Indian law firms who do all the research and appellate work.
Accounting firms are doing it too.

 

[JJT]

No it is not. The schools lost their minds cranking out as many as they could. Making attorneys a dime a dozen. It is so bad that with my doctorate and a license I was paid 30 grand a year as a state's attorney.

Neither is having an MD as a General practitioner. the norm now is a factory practice run by a business person who is not an MD and the Doctors answer to nurses and have no control over their own practice or their own time. It's the same thing that happened to Pharmacists. Now those poor bastards are all bottom of the totem pole employees working for grocery store chains or slaving away in a factory pharmacy practice working on a production line.
In the NY area it is common for law firms to farm their work out by satellite to Indian law firms who do all the research and appellate work.
Accounting firms are doing it too.

"In the NY area it is common for law firms to farm their work out by satellite to Indian law firms who do all the research and appellate work.
Accounting firms are doing it too."

Add engineering and IT/Technology to the list. Mexico, India and China have been doing most of the heavy lifting for many big companies for quite some time. Outsourcing/offshoring was a big part of my job for a fortune 50 company for 25 years. I'm happily retired and out of that rat race.

 

[scaredychicken]

oh to do it all over again ... I would have skipped the 4 yrs of University, and gone straight into Chicken Farming like my cousin did.

he's made millions, I'm struggling to pay the bills
of course he was physically capable of all that farming entails, and had grown up on a farm, so had some natural skill and knowledge - I would have been paying others for most of the physical work ... still able to expand business, but not to the same capacity.

I have an Entrepreneurial Spirit, so who knows ? I'll find something again

 

[Raul-02]

Add engineering and IT/Technology to the list.

Yah. That's one of the reasons why I've steered my granddaughter into forensic engineering. That and the money expert witnesses make is pretty darn good.

 

[5030]

Just curious...
...How much is the liability insurance on a railroad car...?

It depends on what the car carries. In our case we have a couple ordinary box cars and a couple grainers. Liability is cheap on them. When you get into specialized cars like hazardous chemicals or propane or oil, then it gets expensive and so does the usage rate. Why big outfits like BNSF own all their own cars. I don't deal with the insurance expense the family attorney handles that aspect. We don't make a bundle on them, maybe a couple hundred a month for each of the entities.

 

[jaxs]

Considering the level of common sense demonstrated by people drifting through this site,it's no wonder so many people are puppets doing as told by someone that reaps the profits.

 

[orezok]

Buy low… sell high!

 

[MossRoad]

Buy low… sell high!

Seabiscuit in the 7th!

 

[Hay Dude]

"In the NY area it is common for law firms to farm their work out by satellite to Indian law firms who do all the research and appellate work.
Accounting firms are doing it too."

Add engineering and IT/Technology to the list. Mexico, India and China have been doing most of the heavy lifting for many big companies for quite some time. Outsourcing/offshoring was a big part of my job for a fortune 50 company for 25 years. I'm happily retired and out of that rat race.

Fairly wealthy friend of mine from the Middle East says they have engineers over there who do no work and are well off. They have a engineer do their daily grind work for them, like an “indentured servant”. Said many of them are hired out from the Philippines?