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Joe Swanson
CNBC Make It
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Comments by "Joe Swanson" (@joeswanson733) on "CNBC Make It" channel.
it's the pendulum swing. back and forth the only way to basically prevent this is to set up a strict diversification of the work force. quotas in laymans term. only xyz people can study this or go into this field to prevent crowding.
128
It is title bait
66
pendulum swings back and forth. to prevent this i think we need to just stop pushing people into 1 thing and maintain a diversified workforce.
45
@almac8840 that's the real wild card. Like agent Smith from the matrix said .we had our time in the sun
44
@mugentuner also paying all that for 1/3 house....bang for buck wise...not that impressive
25
the person in this feature episode steven guo is rich even by western standards. he's a business owner. $254,000 at age 24 is pretty insane
15
The only way this would make sense if the house was huge like 5-6 bedrooms 5 bath than there would be enough space for her or a guest house (those properties with a front and back house)
11
you're not going to make it big working for anyone. she said she wants to build a better system than capitalism where people work less and make more money ... you have to have a in demand skill to be paid xyz.. if you have no skill you don't get paid any remarkable sums of money period. forget economic system it's just logic. if there are 100 people that can do what you do.. .why would I pay you more than what that other person would accept for payment.
11
I thought the same too in situation like this its usually house that's either with a. Guest house or basement in which additional family can expand this house isnt big enough if she or her brother has. A family
10
Eventually if she wants to have her own family the house might not be big enough for all of them especially if her brother also wants to start a family
9
Yeah is a risk as it relies on everything going hunky dory with nothing going wrong
9
That's NYC for you
7
She's only 23/24 she got 40 years left to go if she retired by 64
7
does he pay you what you agreed upon because if he is paying you i don't see any benefit for you to badmouth your client.
7
Yeah cause if going by titles she is more successful than majority of Americans out there today past present and future.
6
We also have to factor in house size for more people in the house.
5
@GSG9Kazmir they'll have to wait for the appreciation in the long haul but in the end they'll break even at least.
3
Don't doctors make $$$$
3
They have to consult an attorney to work out all the details like those if they didn't it's a time bomb waiting to happen
2
At least you own a home
2
@cncannaday it's a old trick. Not exactly revolutionary
2
there was a specific ladder you work at a company get some experiernce work up the rank a little bit get a masters degree or bachelors. work some more get promoted some more then go for a masters like 1 ... 2.... 3...
2
Tax free too
2
People moveor live where the jobs are which may or may not align with family/friends location's
2
Which is foolish
2
competition is stiffer now.
2
10 percent to church is pretty steep
2
Assuming they put down 20 percent total this still leaves $600,000 that has to be paid off over 30 years the principal is already $1666 a month not factoring in interest. As krphan mention they put down only like 10 percent down payment but the principal shouldn't only still be around $1869/month (not incl interest)
2
32 years is a long time
1
@Monkehrawrrr I wished I made $100k I can't imagine struggling on $200k
1
paul allen i think at this point was no longer with the company due to illness.
1
good one
1
actaully bill gates eyeglasses were popular in the 1980s
1
that's the drawback of globalization and convenient air travel the internet and just online business that is a reality now.
1
bill is far removed from microsoft these days.
1
lol to be fair i read that bill can code and it's really paul allen that helped with the early big breaks for microsoft.
1
this was 1989.
1
At this point it's better than nothing
1
and also no state income tax and also it's far away from silicon valley.
1
I'm terms of Bang for buck....it's nothing special
1
It would be easy to buy her out she owns only 70 percent
1
we already know the trajectory he was on
1
Buyout
1