Re: College degree or financial independence? - Posted by Larry(MO)
Posted by Larry(MO) on July 24, 2001 at 09:52:36:
Go for the independence. A significant amount of the wealthiest people in our country have opted out of college. Can we say restrictive thinking! The educational system teaches us how to get a job instead of creating one(quoting kiyosaki). You are taught to think within structured avenues by people who live relatively patterned lives.
The most stimulating classes in college to me were the electives simply because they were designed to promote creativity.
I am also from a financially opressed town in MO.
Jobs are only going to pay so much here regardless
of education. I know people with B.A.s and B.S.s
bringing home 240.00 to 300.00 a week.
I have been in music fulltime since 1985. I travel and do church concerts and also am a session guitarist.
although i do very well i realize that unless im holding a guitar i dont get paid which is the reason i am here.
2 years ago i bought my first property. i will be closing on 3 more this week which will make me 13.
Each one has a cashflow of at least 100.00 a month even tho these are in the 15000 to 30000 range(properties are cheap here)but like i said so are wages. My goal right now is 50 properties which i can see looming in the distance.
My travel time has limited my investing but it is happening.
I am on my way to becoming independant!!
I say go for your dream!!(sorry so long)
Larry Carter www.larrycarter.com