Comments by "Joe Swanson" (@joeswanson733) on "CNBC Make It" channel.

  1. 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.
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  2. It is title bait
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  3. 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.
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  4.  @almac8840  that's the real wild card. Like agent Smith from the matrix said .we had our time in the sun
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  5.  @mugentuner  also paying all that for 1/3 house....bang for buck wise...not that impressive
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  6. 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
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  7. 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)
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  8. 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.
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  9. 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
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  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
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  11. Yeah is a risk as it relies on everything going hunky dory with nothing going wrong
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  12. private chefs are in the domain of wealthy people.
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  13. That's NYC for you
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  14. She's only 23/24 she got 40 years left to go if she retired by 64
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  15. 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.
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  16. Yeah cause if going by titles she is more successful than majority of Americans out there today past present and future.
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  17. We also have to factor in house size for more people in the house.
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  18. it's basically flame that burns bright burns out 5 x faster.
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  19. 25% savings rate is not uncommon. but at alex income level i would agree that alex savings rate should be at 50% if not more.
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  20.  @ananse77  i'm just curious of what other people were doing at 24 because with the younger millennials and gen z they're getting rich and shooting to the top so fast kind of makes the past generations look pathetic by comparison .
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  21.  @GSG9Kazmir  they'll have to wait for the appreciation in the long haul but in the end they'll break even at least.
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  22. this guy is living the dream life.
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  23. Don't doctors make $$$$
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  24. jealousy happens when people are not achieving the succsss they want and are lashing out. if everyoe was successful and achiving their goals no one would hae time or reason to be lashing out.
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  25. there's reason people advise to not talk about money. it can breed resentment. its like any game. that person scored 1 million points and all i scored is 50,000 now i feel inferio and bad.
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  26. we have been transitioning from a industrial econom to information economy at least since teh 1990s and it's really ramped up since post 2008 and after 2020 covid... it's on full steam. if you're still stuck inthe industrial mindset you will be in trouble.
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  27. it's not racist. the only closest thing in the dictionary would be sexist maybe.. but you're not hating on women themselves. you're hating on women that coincidentally make more than you. well there will always be someone that makes more than you unless you're elon musk or jeff bezos. so you would just have to accept it.
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  28.  @ananse77  did you have this kind of success at 24?
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  29.  @ananse77  I too wasn't obsessed with money I thought I had time and...well time just flew by
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  30. 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
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  31. At least you own a home
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  32.  @cncannaday  it's a old trick. Not exactly revolutionary
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  33. 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...
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  34. Tax free too
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  35. People moveor live where the jobs are which may or may not align with family/friends location's
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  36. Which is foolish
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  37. sure ecommerce.
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  38. competition is stiffer now.
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  39. 10 percent to church is pretty steep
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  40. 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)
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  41. better think of something time is ticking
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  42.  @ananse77  sorry about your kid. i'm not quite at your age ... yet but i am starting to feel the grim reaper closing on me.
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  43. than you're a lucky sob
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  44. if they save their money they should be fine. if the us government and dollar no longer become world reserve currency or are discontinued from use... than yes americans will be in some serious trouble.
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  45. 32 years is a long time
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  46.  @Monkehrawrrr  I wished I made $100k I can't imagine struggling on $200k
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  47. not that many around.
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  48. more likely than not, that is typically true.
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  49. paul allen i think at this point was no longer with the company due to illness.
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  50. good one
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