« on: May 24, 2010, 11:00:24 AM »
High debt lawyers and the military? No wonder you guys cannot find common ground. A high debt lawyer is one who does not have many options outside of his field, but even then, it is easy to generate less debt, maximize profitability, and garner a sense of "don't give a damn," within the legal world that will land you a job. If I fail at law, which is like a 2 percent chance, I can go to medical school. My folks have paid up most of my undergrad, so that leaves me with an abundance of loan money I can take out in law school.
Here is a tip: when in law school, take out a 50k + loan, you can almost get them if you look for one, try a bank but you have to have good credit and a co-signer (my parents have extremely good credit, and I haven't messed up my credit, so it would work), after that take the 30k of the 50k and buy some commodities that you have studied and know will be good in a bearish market.After you sell the commodities at a capital, not loss, you will have more than 50k, say you sell each above their original 'x' price you bought them for and had enough to cover the other variables, you now have more money possibly tipping on 170k. Then you take a portion of the 170k, say 65k as you need more than 100 to have entrance into a trade scene. You could possibly, with adequate study time and knowing the markets, turn that 65 into 300k, depending on whether you have good patience and risk management. Anyway... That is all the advice I will give you.
By making profit in Law School, I will become an instant millionaire once I am out. Not only that, if I loose money over the course of a year, then I can make it back as I have an adequate stream of money called Financial Aid. Idiots go into debt in law school.