The Money Mustache Community
Around the Internet => Antimustachian Wall of Shame and Comedy => Topic started by: Ms. Doodles on March 29, 2013, 07:19:55 AM
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One of my "favorite" anecdotes from work. Colleague A is a six figure salary. He has a fancy townhouse, luxury car, and regular expensive vacations. Colleague B is making half of A. They were talking about investment opportunities.
(paraphrased)
B: Check out this (some kind of investment). You only need about 10K to start.
A: I don't have 10K lying around.
At that point, I wanted to say something but it would've been rude. So glad that B said something along the lines of "you have to start saving up".
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Of course maybe the reason that he doesn't have $10K laying around is that it's already invested elsewhere - which is a pretty good way to avoid investment "opportunities".
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Of course maybe the reason that he doesn't have $10K laying around is that it's already invested elsewhere - which is a pretty good way to avoid investment "opportunities".
I understand what you mean about avoiding investment tips and "opportunities". And I wish that he had some investments on the side. Or any safety net for that matter. Unfortunately, he doesn't really have 10K saved up even for emergencies.
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Yeah I'm pretty sure this would be my response regardless of how much I actually have lying around (which may very well be under 10k depending on my last rebalance).