Why is this thread so long? If you’re going into I-banking you should know what an expected value function is, so do one as well as an expected utility function and make your goddamn decision.
[quote]sam_sneed wrote:
Because you’re young and all of your friends around you are young. You don’t get youth back no matter how much you earn. When I was 21-28, me and my friends of the same age group would go out to clubs and bars and have a blast. We’d go wild, meet girls, party and fuck around with them and then do it all over again the next weekend. It was a blast. We’re all in our 30’s now. Some of us are married, others are in serious relationship. It’s just not the same even when we go out to bars. We really can’t go on vacation together either because of responsibilities at home (kids, mortgage, wives). If you aren’t into the above activities, then it probably doesn’t matter to you. [/quote]
If you all enjoyed partying more than having a wife and kids then why the hell did you do it? It’s not like some lady with a few kids just moved in your place one day, you made the choice to change your lifestyle. There’s plenty of older folks who never “grow up” and continue to party all day and night because that’s what they enjoy doing.
[quote]maxxbot wrote:
There’s plenty of older folks who never “grow up” and continue to party all day and night because that’s what they enjoy doing.[/quote]
They’re called losers.
[quote]LankyMofo wrote:
[quote]maxxbot wrote:
There’s plenty of older folks who never “grow up” and continue to party all day and night because that’s what they enjoy doing.[/quote]
They’re called losers.[/quote]
or people that don’t give into the pressure of getting married and having kids. If they enjoy what the’re doing I don’t think "losers is the right term.
[quote]nomorewar wrote:
[quote]LankyMofo wrote:
[quote]maxxbot wrote:
There’s plenty of older folks who never “grow up” and continue to party all day and night because that’s what they enjoy doing.[/quote]
They’re called losers.[/quote]
or people that don’t give into the pressure of getting married and having kids. If they enjoy what the’re doing I don’t think "losers is the right term. [/quote]
Agreed. I’m not married and don’t want to be. I mean, I don’t see that as a better way of life for me right now. I wouldn’t mind having a kid, but marriage isn’t even for everyone and not getting married shouldn’t carry the stigma it seems to.
It is like in this country, if you aren’t married then something is wrong with you.
Maybe I will change my mind in the future, but not being married and enjoying doing whatever the fuck you want to when you want to has never made someone a loser.
[quote]nomorewar wrote:
[quote]LankyMofo wrote:
[quote]maxxbot wrote:
There’s plenty of older folks who never “grow up” and continue to party all day and night because that’s what they enjoy doing.[/quote]
They’re called losers.[/quote]
or people that don’t give into the pressure of getting married and having kids. If they enjoy what the’re doing I don’t think "losers is the right term. [/quote]
I never said anything about marriage and having kids. If you’re 50 years old and alll your Saturday nights still consist of getting trashed at the bar and trying to get laid then you’re a loser.
[quote]LankyMofo wrote:
[quote]nomorewar wrote:
[quote]jasmincar wrote:
[quote]schultzie wrote:
I don’t even put into consideration for shit I have yet to earn. Stay on the grind and focus on the journey. So sick of seeing these 20 year old kids in business degrees talking about 6 figure salaries. The future doesn’t mean fuck all in that sense.[/quote]
+1
The important thing is what you are doing NOW, at this very moment, not what in your calculations you will end up having if you choose to do certain things. There is no security in life and nothing is granted.[/quote]
truer words were never spoken.[/quote]
Horrible advice for people who want to be successful at anything on a long term basis.
[/quote]
I don’t see things like that.
To me, there is no success. The success everybody talks about is defined in how other people view you, which is not gonna change anything to what you are and what do you do with your time. What you do with your time is the only important thing, and being recognized or not will not change where you have been with your existence. Will you choose to drink beer and play video games and chasing pleasure eternally or are you going to dig the deeper you can in some specific things that interest you? It’s your existence and no one can say if you were successful or not.
If we are talking about lifting weight I think it’s just life hygiene. It’s miserable to think that once you will be muscular everybody will acknowledge you. Even if some dumb people do you are even dumber to be flattered for it.
[quote]Professor X wrote:
Maybe I will change my mind in the future, but not being married and enjoying doing whatever the fuck you want to when you want to has never made someone a loser.[/quote]
Even if she grilled your steaks, vacuum sealed your meals, rode a Honda bike and surprised you at work with Whattaburger?
“Honey, I need to play some Prototype before I go to bed. Did you charge the controllers?”
We all have breaking points, man.
[quote]Professor X wrote:
[quote]Rational Gaze wrote:
I was told that even though you earn an awful lot of money, you have to spend a large amount of it just to keep your job. That means entertaining clients, buying rounds, wearing expensive suits, driving the right car and so on. And then there’s what everyone else has mentioned, the backstabbing, lack of free time, poor health…[/quote]
Very true. This, in my opinion, is what American Psycho dwelled heavily on. You HAVE to buy the Armani Suits, the flashy business cards, the nice car so clients know you are successful. These things are UNAVOIDABLE if you plan on being one of the few who actually makes it to those higher earning positions.[/quote]
Which is exactly what the fuck I am talking about. Apparently, to some people (Brother Chris), it’s just a question of “discipline.” Yeah, right.
[quote]LankyMofo wrote:
[quote]nomorewar wrote:
[quote]LankyMofo wrote:
[quote]maxxbot wrote:
There’s plenty of older folks who never “grow up” and continue to party all day and night because that’s what they enjoy doing.[/quote]
They’re called losers.[/quote]
or people that don’t give into the pressure of getting married and having kids. If they enjoy what the’re doing I don’t think "losers is the right term. [/quote]
I never said anything about marriage and having kids. If you’re 50 years old and alll your Saturday nights still consist of getting trashed at the bar and trying to get laid then you’re a loser.[/quote]
I agree with you(somewhat)
But if this 50 year old “loser” genuinely enjoys partying hard every weekend while having
a minimum wage job and genuinely doesn’t give a shit because there is nothing in the world that he would rather do than party hardy, He can’t be a loser. well, maybe in societies eyes.
[quote]PonceDeLeon wrote:
[quote]Brother Chris wrote:
[quote]jw154505 wrote:
You’re 1st year is 70k + base and you’re thinking about not taking it? I just graduated with an Engineering degree, etc and my best offer has been 60k first year. I took it only because of the money.[/quote]
Sucks for you, Jobs running at 32 hours a week for 78K as a junior in the Economics Department isn’t hard to come by.[/quote]
Sure, in a decent economy, which is, like, not the economy we are currently in.[/quote]
Wait, what job can an economics major get that clocks in at 32 hours/week? I don’t think even academia has that kind of schedule, and I am skeptical that they are making 78k directly outta school.
I grew up in a home that had the mentality of be your own boss, don’t work for anybody but yourself. That’s exactly what I plan on doing…I’m not saying it’s bad to work for someone…it can be a great foundation…but in the end why not try to start something yourself if you can…whatever your trade/skill etc. master it and then open up your own shit. I know everyone can’t be business orientated in that sense, might not have the leadership ability to make decisions by themselves to be independent like that but if you can…go for it. Every older man I’ve spoken to who has been able to successfully do it loves it. Again…this kinda shit isn’t for the person who wants to only work 40 hrs. a week but in the long run I think ultimately it is worth it. I’ve seen young guys in their mid 20’s open up something and are being more and more successful. 15 years from now if they keep trying (yes I know things are certain duh, but have faith) they will reap the rewards.
The boss tells people to do harder jobs for them, pays them less money, and they they make considerably more.
Again…I’m not saying the boss thing would happen overnight…we are looking/speaking long term here.
[quote]LankyMofo wrote:
[quote]maxxbot wrote:
There’s plenty of older folks who never “grow up” and continue to party all day and night because that’s what they enjoy doing.[/quote]
They’re called losers.[/quote]
This is your life, and if you’ll refrain from doing what you enjoy simply because society might label you as a “loser” that’s pretty sad. I knew a couple guys when I worked on campus at my school during the summer who were 50ish and still acted like college kids. Yeah a lot of people would call them losers, but they looked a hell of a lot happier with their life than many people I see out there. It’s not what I would do with my life but I can’t really fault someone for doing it if partying is what they most enjoy in life.
[quote]maxxbot wrote:
[quote]sam_sneed wrote:
Because you’re young and all of your friends around you are young. You don’t get youth back no matter how much you earn. When I was 21-28, me and my friends of the same age group would go out to clubs and bars and have a blast. We’d go wild, meet girls, party and fuck around with them and then do it all over again the next weekend. It was a blast. We’re all in our 30’s now. Some of us are married, others are in serious relationship. It’s just not the same even when we go out to bars. We really can’t go on vacation together either because of responsibilities at home (kids, mortgage, wives). If you aren’t into the above activities, then it probably doesn’t matter to you. [/quote]
If you all enjoyed partying more than having a wife and kids then why the hell did you do it? It’s not like some lady with a few kids just moved in your place one day, you made the choice to change your lifestyle. There’s plenty of older folks who never “grow up” and continue to party all day and night because that’s what they enjoy doing.[/quote]
I’m not married with kids, but I do live with my girlfriend and that is going well. I never said partying in your 20’s is more enjoyable than raising a family you love and being married. It’s more fun, but not as rewarding. It’s a tradeoff. What I said was, that you don’t get a 2nd chance at partying in your 20’s later on in life. Partying in 30’s and 40’s isn’t the same. You must still be young because your question doesn’t make any sense. Why did my friends get married and have kids? Because they grew out of getting drunk every weekend and having a family is what they wanted to do. Seems reasonable, right?
[quote]sam_sneed wrote:
I’m not married with kids, but I do live with my girlfriend and that is going well. I never said partying in your 20’s is more enjoyable than raising a family you love and being married. It’s more fun, but not as rewarding. It’s a tradeoff. What I said was, that you don’t get a 2nd chance at partying in your 20’s later on in life. Partying in 30’s and 40’s isn’t the same. You must still be young because your question doesn’t make any sense. Why did my friends get married and have kids? Because they grew out of getting drunk every weekend and having a family is what they wanted to do. Seems reasonable, right?
[/quote]
Yes your post makes sense, but if someone else never picked up the responsibilies and commitments that you and your friends did they could continue or start to party all the time in their 30s and it wouldn’t be much different. It seems to be something related to your position in life and not just your age. Mainly what I have issue with are posts like this.
[quote]admbaum wrote:
Your 20’s and early 30’s are the best time in your life. You have to ask yourself “is burning the best years of my life for money worth it?” [/quote]
I hear this shit a lot and it just makes no sense to me. If people really think this why don’t they just put a gun to their head at age 40? What exactly is inherent in those ages that make it so much better?
[quote]maxxbot wrote:
[quote]sam_sneed wrote:
I’m not married with kids, but I do live with my girlfriend and that is going well. I never said partying in your 20’s is more enjoyable than raising a family you love and being married. It’s more fun, but not as rewarding. It’s a tradeoff. What I said was, that you don’t get a 2nd chance at partying in your 20’s later on in life. Partying in 30’s and 40’s isn’t the same. You must still be young because your question doesn’t make any sense. Why did my friends get married and have kids? Because they grew out of getting drunk every weekend and having a family is what they wanted to do. Seems reasonable, right?
[/quote]
Yes your post makes sense, but if someone else never picked up the responsibilies and commitments that you and your friends did they could continue or start to party all the time in their 30s and it wouldn’t be much different. It seems to be something related to your position in life and not just your age. Mainly what I have issue with are posts like this.
[quote]admbaum wrote:
Your 20’s and early 30’s are the best time in your life. You have to ask yourself “is burning the best years of my life for money worth it?” [/quote]
I hear this shit a lot and it just makes no sense to me. If people really think this why don’t they just put a gun to their head at age 40? What exactly is inherent in those ages that make it so much better? [/quote]
For the record, I agree with you…and from what I have seen, many people are filled with quite a bit of regret by the time they hit 40-50 based on their position in life at that age. I think that is why you hear that so often…because in your 20’s, you still have a chance to turn shit around. However, if you are going nowhere at age 40, chances are slim that things are going to change much without some EXTREME changes to lifestyle…which are unlikely at that age.
Also, for many people, everything does seem downhill at that age because they didn’t take care of themselves well before then and they have fewer options…because they spent all of that youth doing not much else but partying.
[quote]maxxbot wrote:
Yes your post makes sense, but if someone else never picked up the responsibilies and commitments that you and your friends did they could continue or start to party all the time in their 30s and it wouldn’t be much different. It seems to be something related to your position in life and not just your age.
[/quote]
Yeah you can still party all the time in your 30’s, but I disagree with you that it’d be the same. Not saying you can’t have fun, it’s just different to me. Think of 35 year olds going to Cancun for Spring break. The fact that now I’m 34 my hangovers last 2 days as opposed to when I was younger I could just sleep them off. It’s hard for me to put in words but there’s just something about being in your 20’s that you can’t capture later in life.
[quote]sam_sneed wrote:
[quote]maxxbot wrote:
Yes your post makes sense, but if someone else never picked up the responsibilies and commitments that you and your friends did they could continue or start to party all the time in their 30s and it wouldn’t be much different. It seems to be something related to your position in life and not just your age.
[/quote]
Yeah you can still party all the time in your 30’s, but I disagree with you that it’d be the same. Not saying you can’t have fun, it’s just different to me. Think of 35 year olds going to Cancun for Spring break. The fact that now I’m 34 my hangovers last 2 days as opposed to when I was younger I could just sleep them off. It’s hard for me to put in words but there’s just something about being in your 20’s that you can’t capture later in life.[/quote]
Dude, I am really just not agreeing with this at all. I’m in my 30’s and don’t feel any different about going out now than I did then. the ONLY difference being you could sleep in class so staying out until 30min before class didn’t hurt much. You can’t sleep in your career so obviously nights like that get cut out…but there is nothing physically keeping me from doing the same especially since most people seem to think I am late 20’s anyway no matter what.
I mean, shit, I actually have something in my wallet now when I go out which automatically makes things 500 times better. I wouldn’t even go to most of the places I went back then because I stepped my game up. I don’t see the downside here.
[quote]PimpBot5000 wrote:
Who here would honestly want to retire at 40? If you’re in good health that leaves another 40-50 years before death. Even if you’re stinking rich, how are you going to spend all that time? Sure, golfing is fun, traveling is fun, banging sluts is fun…but to spend up to 50 years doing so, you’re GOING to get bored without some sort of challenging task or worthwhile purpose IMO.
If you plan on toning down on the hours or committing to a life of philanthropy, I can understand it, but retiring outright at such an early age has no appeal to me.
Plus, there is a pretty solid correlation between complete retirement and early death. Something about waking up without a purpose tells your body “this guy has called it quits, shut’ter down!!”[/quote]
[quote]PimpBot5000 wrote:
[quote]LankyMofo wrote:
I agree with you but I have a different definition of retired. Being retired, to me, means I have no commitments to an employer and I have enough money to live a respectable lifestyle. That doesn’t mean I won’t be taking on worthy endeavors or no longer making any money, but rather during retirement I have the option to do so at my discretion.[/quote]
I see where you’re coming from. This is a much healthier definition of retirement. I know a guy who is getting ready for early retirement, and from the sounds of it his long-term goal is to drink margaritas on a beach. He has no plans to work in a different capacity, volunteer in any way, or do much of anything aside from getting drunk under a beach umbrella. I hope he changes his outlook…I figure boredom will set in and he’ll have to. [/quote]
For some reason this exchange has really stuck with me and I’ve been thinking about it. Not sure that I disagree with any of what’s been said, but I’m not sure that we have the same definition of what constitutes “worthwhile” ventures. I mean, if ALL this guy is doing is sitting under an umbrella getting drunk for 14-15 hours/day, yeah, I can see that getting boring. But if he wants to live in a tropical paradise he could fill his days taking surfing lessons, snorkeling, planning sailboat trips, getting SCUBA certified, etc. That’s in addition to stuff he could do from anywhere, like reading the great works of Western literature from under that beach umbrella.
I just think it’s sad when people say “I don’t want to retire, I dont know what I’d do with myself.” It just seems to lack imagination. Obviously if someone retired the SECOND that they had saved EXACTLY enough money for rent and food for the next 40 years, yeah, that would get boring sitting aroudn the house, since lots of new experiences and adventures cost a fair bit of money. But given that most of the time when someone retires at 40 they have more than enough $$ for that … Traveling to new places - how can you get bored of that - visiting old friends, reading new books or old classics, there’s plenty of crap on TV and movies, but plenty of good stuff too, watch every academy award winner, or every episode of The Wire or Sopranos or Arrested Development, picking new physical challenges to prepare for - whether a weightlifting contest or an ironman or something - taking a class at a local college, learning a new skill, preparing a new dish for yourself every day … there’s so much to do. I dunno, just seems like without trying you could think of quite a few things to do that would keep you busy for a long time. Some may say it’s not “worthwhile” but then again, how many people really have “worthwhile” jobs where they are actually making a positive difference to the world and not just some shareholder’s bottom line?
[quote]Professor X wrote:
Dude, I am really just not agreeing with this at all. I’m in my 30’s and don’t feel any different about going out now than I did then. the ONLY difference being you could sleep in class so staying out until 30min before class didn’t hurt much. You can’t sleep in your career so obviously nights like that get cut out…but there is nothing physically keeping me from doing the same especially since most people seem to think I am late 20’s anyway no matter what.
I mean, shit, I actually have something in my wallet now when I go out which automatically makes things 500 times better. I wouldn’t even go to most of the places I went back then because I stepped my game up. I don’t see the downside here.[/quote]
I’m not surprised people disagree on this subject. Alot of it is personal preference. If you physically feel the same when now that you did when you were 21 , that’s awesome. Most people I know don’t. I don’t mean being too tired to go out and have a few drinks while you stay out till 3am. I’m talking about going out and not giving a fuck drinking all night type partying.
I loved drinking so a crazy night for me was a dozen beers with shots thrown in here and there. I don’t know of any 30 year olds that can do that and not be hungover.Now I know that’s not everyone’s cup of tea, but that’s what I liked about my 20’s. If you’re not a heavy drinker than being older probably matters less to you.
I made really good money in my 20’s and had less bills so I had more spending money back then I do now (thanks to a $2,000 mortgage). So for me, I can’t see an upside to going out in your 30’s and 40’s vs 20’s.