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Melonie
07-25-2010, 09:35 PM
^^^ good .... but there are better .....


http://3.bp.blogspot.com/_pCDyiFUv9XU/TEpwM95nBpI/AAAAAAAALCI/lAfwndct2Cs/s400/l161FFNEEDDxJf_OEbf__J.jpg


http://2.bp.blogspot.com/_pCDyiFUv9XU/TC-VpX5P4FI/AAAAAAAAK0o/ziFRoh7R8xQ/s400/8.jpg

threlayer
07-27-2010, 07:46 AM
I believe her approach is:

1) Make money now while not worrying about happiness. Slam out a couple of years of intense work, make as much money as possible.
2) Use said money to further herself, find happiness, etc.

I think there are two serious approaches to the future for people in this line of work:



work like Hell and sacrifice most everything for the time when you are attractive enough to earn big money (say 10 years) and hope that this will be enough to carry you for the rest of your life (if you don't find the right mate or a chance great-paying job with a very limited educational background/experience base);
work like Hell, sacrifice most everything, and further your education/ training in a field where your earning longevity is much better, say for 40-50 years, then while you are still young and pretty, while working, have a pretty nice working life and retirement.


Seems to me people have those two choices, depending on what they want to get out of life now and in the future and what risks they are willing to undergo.

Or you can do what my ex-gf has done apparently -- ignore the future, blithely hope for the best, and find someone else to leach off of.

Melonie
07-27-2010, 12:43 PM
^^^ which gives rise to a question ... exactly what sort of field do you envision where the earnings longevity in the USA will span 40-50 years ?

Zinaida
07-27-2010, 01:40 PM
That being the case, it's far easier to have the goal of being happy. Which is certainly not the same as being rich. So, will getting rich make you happy? Eventually?

:O I don't even know how to answer this lol.

Melonie
07-27-2010, 02:49 PM
^^^ all I can say is that money definitely can't 'buy' happiness ! But money can definitely 'rent' happiness for a while !!!!

Jezzebelle
07-27-2010, 03:05 PM
Money equals security, which relieves stress and makes room for happiness.

miabella
07-27-2010, 04:28 PM
community equals security more than money. those relationships hold up even when the money isn't there. if you like living with other people in a community, anyhow, vs. alone in a gold-plated, diamond-encrusted fortress of solitude.

Melonie
07-27-2010, 05:00 PM
^^^ trust me on this ... if times are tough, and if friends / family / community members know that you have money, don't count on any true 'security'.

charlie61
07-27-2010, 05:41 PM
I think money CAN buy happiness IF you know what truly makes you happy.

Purchasing experiences seems to be the key to this. Whether it's something small like sushi or something bigger like a vacation, these are the things money can buy me that make me happy. Clothes and whatnot just don't do it for me.

Though I have to say, none of these things would mean much to me without love in my life.

xanfiles1
07-27-2010, 08:11 PM
Easy...

Earn some $10K. This would be a throw away money

Buy Out-Of-The-Money Long Term Gold Puts.... i.e Bet, Just like Real Estate, Gold would fall below $800/oz within the next 2-3 years. (Just like all other bubbles too many idiots are guaranteeing gold returns, a recipe for a crash)

If Gold falls to around 500-600, your put option will be worth around 600K.

threlayer
07-27-2010, 08:41 PM
Money equals security, which relieves stress and makes room for happiness.

There is plenty of stress in trying to make as much money as fast as you can. That much stress cannot lead to happiness. Further, the more money you have, the more careful you have to be with your life. That equals stress too, even after you've earned your 'nestegg.' Moderation is the key here, seems to me.

threlayer
07-27-2010, 08:46 PM
^^^ which gives rise to a question ... exactly what sort of field do you envision where the earnings longevity in the USA will span 40-50 years ?

I don't think a static position is in the cards for anyone currently. But that has been the case for many decades anyway, at least since the 70s. It's just that things occur faster now with our technologies and with globalization. Adaptation and education are the keys, as always.

threlayer
07-27-2010, 08:52 PM
^^^ all I can say is that money definitely can't 'buy' happiness ! But money can definitely 'rent' happiness for a while !!!!

Money can rent things and services, if those are the things that make you happy. But that is in no way GUARANTEED. Not even if it is a well-reputed call girl!

charlie61
07-27-2010, 08:55 PM
Money can rent things and services, if those are the things that make you happy. But that is in no way GUARANTEED.

Is anything ever guaranteed?? We're all just trying to do the best we can with what we have/know. Life is a gamble.

Jezzebelle
07-28-2010, 03:46 AM
There is plenty of stress in trying to make as much money as fast as you can. That much stress cannot lead to happiness. Further, the more money you have, the more careful you have to be with your life. That equals stress too, even after you've earned your 'nestegg.' Moderation is the key here, seems to me.

You are talking about the stress it takes in making the money. My statement came from already having, after the stress if making it. Then you can rest.

Moderation is easier when you are happy. Unhappy people cant stop shopping.

silk55
07-28-2010, 07:59 AM
The key is making your $$$$ work for you. Instead of you working for your $$$$. I would recommend finding a investment that would return 5-10% per year or trying a P2P lending site (lendingclub.com). The higher the risk the higher the return.

Melonie
07-28-2010, 08:19 AM
^^^ The 'gold foil hat' crowd would argue that 'making your money work for you' is less important these days than 'keeping more of the money you have actually earned'. Making serious effort to reduce your effective tax rate by 5% yields more money at the end of the day than getting a 5% fully taxable return ( = maybe 3% real return after taxes on investment earings are paid ) on an investment that also involves potential loss risk on your invested principal.

eagle2
07-28-2010, 08:28 AM
^^^ which gives rise to a question ... exactly what sort of field do you envision where the earnings longevity in the USA will span 40-50 years ?

Nursing and most fields related to health care. Retail, hotel industry, and restaurant industry are all industries that will most likely be around for 40-50 years, just to name a few.

Melonie
07-28-2010, 09:56 AM
^^^ in regard to the future demand / earnings potential for nursing and related health care fields ... I wouldn't be so sure !



(snip)"An investigation by The Sunday Telegraph has uncovered widespread cuts planned across the NHS, many of which have already been agreed by senior health service officials. They include:

* Restrictions on some of the most basic and common operations, including hip and knee replacements, cataract surgery and orthodontic procedures.

* Plans to cut hundreds of thousands of pounds from budgets for the terminally ill, with dying cancer patients to be told to manage their own symptoms if their condition worsens at evenings or weekends.

* The closure of nursing homes for the elderly.

* A reduction in acute hospital beds, including those for the mentally ill, with targets to discourage GPs from sending patients to hospitals and reduce the number of people using accident and emergency departments.

* Tighter rationing of NHS funding for IVF treatment, and for surgery for obesity.

* Thousands of job losses at NHS hospitals, including 500 staff to go at a trust where cancer patients recently suffered delays in diagnosis and treatment because of staff shortages.

* Cost-cutting programmes in paediatric and maternity services, care of the elderly and services that provide respite breaks to long-term carers.

The Sunday Telegraph found the details of hundreds of cuts buried in obscure appendices to lengthy policy and strategy documents published by trusts. In most cases, local communities appear to be unaware of the plans.

Dr Peter Carter, the head of the Royal College of Nursing, said he was “incredibly worried” about the disclosures."(snip)

putting this another way, the more the USA embarks on national health care, the more 'cost control measures' will need to be employed. As with the UK, these 'cost control measures' will boil down to the 'rationing' of available health care ... with cost savings coming from ( among other options ) employing far fewer nurses and other health care professionals and operating far fewer health care facilities. Thus new graduates will wind up competing with unemployed experienced professionals, competing with 'low wage' H1B foreign workers etc. for whatever openings are actually available.

Yes there are likely to be some great opportunities available if self-pay 'private' health care facilities are still permitted in the future. These facilities will cater to the 'rich' ... who are willing to pay for the privelege of excellent treatment and care. However, like other business segments that also cater to the 'rich', this segment will comprise only a tiny percentage of overall jobs.


As to retail, hotel industry and restaurant industry, yes these jobs will be around for decades to come. However, two significant questions / answers will greatly affect future demand / earnings potential -

- what sort of customer spending is going to be directed towards these industries in the future ? Porsche, Hilton, and 5 star restaurants are probably safe bets, as are WalMart, Red Roof Inn and McDonalds.

- how much of a 'career' can actually be built on such jobs outside of the 1% 'super upscale' establishments catering to 'rich' customers ?

~

Zinaida
07-28-2010, 11:59 AM
Nursing and most fields related to health care. Retail, hotel industry, and restaurant industry are all industries that will most likely be around for 40-50 years, just to name a few.

Um...yeah... 'Cause working in those fields would surely bring me the happiness you speak of... ::)

eagle2
07-28-2010, 12:11 PM
I wasn't suggesting you should work in any of those fields. I was just pointing out which industries will be around in 40-50 years.

threlayer
07-28-2010, 01:54 PM
Geriatrics-connected businesses that directly care for the baby-boomers.

Most of that business cannot be farmed out to India and China; they would have to move their businesses here. Of course the way things are going, someday they may own the USA.

Again, multiplication of labor brings in the most wealth, a lot more than reducing expenses, because your income can only be based of what you yourself can earn (or get in some way).

Melonie
07-28-2010, 02:27 PM
Again, multiplication of labor brings in the most wealth, a lot more than reducing expenses, because your income can only be based of what you yourself can earn (or get in some way).

true, but in the increasingly limited context that the 'cost' of that labor is less than the amount of 'added value' said labor can generate on your behalf i.e. the 'multiplier' is greater than 1.0 . Thus a club owner operating with independent contractor dancers is in a position of 'multiplying' his earnings with every private dance from which he can extract X dollars or Y percent, and with each $50 nightly stage fee charged to the dancers.

But if the club owner must operate with 'statutory employee' dancers, who the clubowner must pay $4.23 an hour tipped minimum wage, on whose behalf the club owner must pay another $1.50+ an hour to the state for unemployment and disability insurance premiums, on whose behalf the club owner must also pay 7.65% Social Security and medicare tax ... and at the same time the clubowner is legally prevented from charging the $50 nightly stage fee ... then it is arguable whether or not the 'statutory employee' dancers are capable of producing a value added multiplier for the clubowner that is greater than 1.0 or not !!! If not, the club will eventually close ( which is what typically happens, anecdotally speaking).

Off topic of course - unless Zinaida is considering starting an adult pay website / booking agency / escort service using 'independent contractor' talent LOL ! In this particular situation, the business model is targeted towards maximizing individual income potential via 'star power' - with 'multiplication of labor' not being a factor whatsoever.



Geriatrics-connected businesses that directly care for the baby-boomers

Again I would refer you to the 'cost cutting' measures being enacted by UK national health care, in conjunction with statistics showing pitifully low levels of private retirement savings by most Americans. Yes there will be 'good' jobs related to private geriatric care for the 'rich'. However, as national health care marches forward in the US, the vast majority of such future geriatric care jobs will likely involve changing 'Depends' for $12 an hour ...

~

threlayer
07-28-2010, 10:35 PM
Yes, there are negatives for every positive. But that's just life. People need to work their businesses. But people have been running businesses for thousands of years and we can still do it now.

Melonie
07-29-2010, 09:00 AM
But people have been running businesses for thousands of years and we can still do it now.

but another inconvenient truth should be remembered ... people running businesses in the Soviet Union could NOT successfully run their businesses !!

eagle2
07-31-2010, 10:30 PM
Again I would refer you to the 'cost cutting' measures being enacted by UK national health care, in conjunction with statistics showing pitifully low levels of private retirement savings by most Americans. Yes there will be 'good' jobs related to private geriatric care for the 'rich'. However, as national health care marches forward in the US, the vast majority of such future geriatric care jobs will likely involve changing 'Depends' for $12 an hour ...

~

There is no march towards national health care comparable to what the UK has. Congress couldn't even pass a public option to compete with private insurance.

Melonie
08-01-2010, 03:46 AM
^^^ Wait till december's 'lame duck' congressional session. Or wait until private insurance company health insurance premiums for 'healthy' Americans are raised by 20-30% in order to cover the newly mandated insurance company costs of paying benefits for Americans with known pre-existing conditions - which will cause many 'healthy' Americans to drop coverage thus putting the health insurance company at risk of going bankrupt. Ultimately, there is no such thing as a 'free lunch'.

Circling back on topic, the significance of rising health insurance costs, or more precisely rising health insurance related taxes for 'healthy' Americans in order to pay for benefits extended to other Americans with expensive pre-existing health problems, is relevant because it will constitute a significantly higher tax component for high earning Americans in future years. Thus it reduces the importance of investment earnings ( which will be subject to even higher overall tax rates ) and increases the importance of tax planning / legal tax minimization.

threlayer
08-01-2010, 11:04 AM
but another inconvenient truth should be remembered ... people running businesses in the Soviet Union could NOT successfully run their businesses !! Of course they couldn't, with the Soviet principles against any private ownership and the KGB. I don't think that applies at all here.

threlayer
08-01-2010, 11:11 AM
Geriatrics-connected businesses that directly care for the baby-boomers
Again I would refer you to the 'cost cutting' measures being enacted by UK national health care, in conjunction with statistics showing pitifully low levels of private retirement savings by most Americans. Yes there will be 'good' jobs related to private geriatric care for the 'rich'. However, as national health care marches forward in the US, the vast majority of such future geriatric care jobs will likely involve changing 'Depends' for $12 an hour ...

As a point of information, these benefits are NOT in Medicare, and will probably not be incorporated there.

Citychick
08-06-2010, 09:57 PM
http://www.beshine.com

I love beshine she's cute as a button !
I wonder who did her boobs - assuming someone in Germany.

threlayer
08-09-2010, 12:32 PM
So she's in a Circus Sideshow, you say?

How inconvenient are those watermelons? They aren't even a bit attractive (to me).

________________

So tell me, how big would a man's artificial cock (or pecs or muscles) add-on have to be to get women subscribing to his website in the same numbers?


.

Citychick
08-09-2010, 02:24 PM
So she's in a Circus Sideshow, you say?

How inconvenient are those watermelons? They aren't even a bit attractive (to me).

To each their own, personally I think she looks fantastic but it's all a matter of taste.

Melonie
08-09-2010, 02:38 PM
since this is the Dollar Den, I'll leave it to you to measure the results i.e. Beshine's ~1000 average pay website members shelling out US$30 per month each ! Even if half of that goes toward 'overhead', you're still looking at something like a US$180k annual income in exchange for one weekly photo / video shoot and an occasional trip to the plastic surgeon !!!

person
08-09-2010, 05:04 PM
but another inconvenient truth should be remembered ... people running businesses in the Soviet Union could NOT successfully run their businesses !!
Their businesses ran Them?

OJenni!
08-09-2010, 07:30 PM
Zinaida, I would recommend reading the book "the richest man in babylon". You can type it in to google and you will find the book for free in pdf version

Melonie
08-10-2010, 12:09 AM
^^^ agreed that 'The Richest Man in Babylon' espouses timeless principles toward achieving personal financial success. It was actually compiled in the 1920's, but the timeless principles indeed go back hundreds or even thousands of years.

However, it's no coincidence that many of the specific elements of discussion re Zinaida's desires to establish a serious professional career effort are actually based on the same key principles ...

- maximize the percentage of income directed towards savings / investments

- minimize expenses / costs of living / taxes

- 'leverage' your investments ( within reason )

- protect your accumulated wealth from losses

- profit from the investment in your own home ( or in today's economy at least minimize risk of loss )

- become 'excellent' / 'outstanding' in your chosen career

- increase your ability to earn - be it via a college degree or bigger breast implants LOL !

threlayer
08-15-2010, 08:59 PM
since this is the Dollar Den, I'll leave it to you to measure the results i.e. Beshine's ~1000 average pay website members shelling out US$30 per month each ! Even if half of that goes toward 'overhead', you're still looking at something like a US$180k annual income in exchange for one weekly photo / video shoot and an occasional trip to the plastic surgeon !!!

Yeah, and if I had a 12" x 20" monster dick, and chose to show it over the interwebs, I could make some big money too. (It would be a huge pain to carry that thing around under my pants when not showing it though. )

charlie61
08-15-2010, 09:37 PM
I really want to hear how Zin's goal is going!! Enough of this Dollar Den-worthy babble...

4everresolutions
08-16-2010, 12:31 AM
Yeah, I wanna know how Zin's making out too. I wish you the best of luck lady!

This thread is insanely helpful. It's motivating me to become more serious about work. I've become rather passive about the amount of money I've been making recently.

charlie61
12-06-2011, 08:51 PM
Sad that we haven't heard back on Zin's goal...this thread used to inspire me when I was burning out!

Melonie
12-07-2011, 02:50 PM
Here's wishing Zinaida all the best, both in general and specifically in regard to achieving her goal !


On the side topic, Beshine has been 'increasingly' achieving her goal ... to the tune of an extra 2000cc's added to her breast implants plus unknown numbers of new paying fans since the previous posts !!!

http://beshine.com/data/teaser/96/41196.jpg

Trem
12-07-2011, 03:24 PM
How can you function with those things in front of you, damn.

Melonie
12-07-2011, 04:04 PM
^^^ well, I suppose that if she's earning 1/2 million a year now, she doesn't have to worry about cutting her own grass anymore !!!

Trem
12-08-2011, 04:56 PM
Well i was thinking about some more basic things like eating or typing on a keyboard.

charlie61
12-08-2011, 07:00 PM
I'm pretty open-minded, and I realllllly don't get it.

That being said, a significant chunk of people out there are willing to pay to see extreme stuff. And that definitely qualifies.

GlamourRouge
12-10-2011, 01:05 AM
^ Yeah the reason why she is making so much $$$ is because she offers a popular fetish (extremely large breasts) and has very few competitors.

KatGrrl
12-11-2011, 05:10 PM
I sooo appreciate the advice in this forum, and the info in this thread in particular! Thanks everyone. I do have a question about one of the suggestions:
"protect your accumulated wealth from losses"
Common sense for sure, but beyond diversifying one's investments, do you have any specific suggestions how else to do this? Tax efficiency? Invest/Allocate/rebalance wisely? Be conservative with any capital gains?

Just curious, but it seems to be one of those easier-said-than-done concepts! I'd love to hear people's strategies.

Thanks!

Twinkle Toes
12-11-2011, 09:03 PM
Easy...

Earn some $10K. This would be a throw away money

Buy Out-Of-The-Money Long Term Gold Puts.... i.e Bet, Just like Real Estate, Gold would fall below $800/oz within the next 2-3 years. (Just like all other bubbles too many idiots are guaranteeing gold returns, a recipe for a crash)

If Gold falls to around 500-600, your put option will be worth around 600K.



Is this true? If it is id very much like to know how to go about this.

Melonie
12-11-2011, 11:26 PM
Is this true? If it is id very much like to know how to go about this.

First, I would point out that the post about purchasing out-of-the-money Gold PUT Futures Contracts is over a year old. In that year, the price of Gold has gone from $1350 to $1750, thus every out-of-the-money as well as in-the-money gold PUT Futures Contract has essentially expired worthless ... i.e. a 100% loss for the PUT buyer. On the flip side, Gold CALL Futures Contract buyers have almost always shown a huge profit. But as Xanfiles implied a year ago, Gold has in the past, and Gold can again in the future, be subject to large pullbacks in price.

The larger point is that A. trading commodities ( including Gold ) that will not actually be 'produced' by the seller or 'consumed' by the buyer is speculative by nature, and B. trading options on commodities is speculative to the point of 'placing a bet'.

Trading commodities and commodity futures contracts requires a commodity brokerage account. One institution offering such accounts was the recently bankrupted MF Global !!! A typical example of a commodity broker offering online trades is

It is also possible to trade stock options on Exchange Traded Fund shares linked to commodities using a standard stock brokerage account. In the case of Gold one such ETF is symbol GLD. This is not as 'efficient' due to the indirect linkage, but is far easier and requires far smaller minimum amounts of money to 'get into the game'.



"protect your accumulated wealth from losses"

it seems to be one of those easier-said-than-done concepts!

Indeed !!! There is already some discussion along these lines in the 'Best place to keep your money' thread at

sexy_celeste
12-12-2011, 07:44 AM
I did it in 5 years :)
but that was pulling 3k every fri/sat night