Comments on: 7 Random Things About Me

By: Financial Samurai

Financial Samurai — Mon, 05 Oct 2009 01:57:34 +0000

Sounds good man. I think I’d rather work for 20 years making $500,000, save up $3-4 million, live off $150,000/yr in interest income and then blog for an additional $150,000/yr

By: Raymond

Raymond — Sun, 04 Oct 2009 23:14:26 +0000

I would rather earn $150,000 while working for myself from home. But I’m sure some hardcore lawyer types would savor the competitive law firm atmosphere. It just wasn’t for me.

By: Financial Samurai

Financial Samurai — Sun, 04 Oct 2009 23:10:55 +0000

Hi Raymond – Thnx for your thoughts. I would obviously rather earn $150,000 at home too if I only made $150,000 a year at a law firm but I’m asking if you’d rather make $150,000 working at home or $500,000 at a big corporate law firm after 5-6 years working there?

I remember my friends who joined Skadden, Wilson Sosini, Sullivan, Wachtel etc all made $150,000 base right out of law school at 26 years old, 6 years ago. They got a marginal $20-30,000 bonus. Fast forward 6 years later, I think every one of them are earning at least $500,000+.

Do you think you’ll be able to make $40,000/month on this site? I know JD and Trent make probably $40-60,000/month, which is awesome.

By: Raymond

Raymond — Sun, 04 Oct 2009 23:04:00 +0000

If I could go back in time and possibly re-do law school again, I would work on building my online businesses during the same time I attended law school. I would focus instead on life outside of the legal profession and use my legal background and education to enhance my writing and analytical skills in other fields instead of pursuing a legal position after law school.

Skadden and other big law attorneys do not make $500,000. Associates earn around $150,000 a year, but they work around 70-90 hours a week and are often over worked, over stressed, and emotionally miserable. Law school is very overrated in my opinion. Thus, I would much rather make $150,000 while working from home – with no commuting headaches and no demanding bosses to have to contend with.

By: Financial Samurai

Financial Samurai — Sun, 04 Oct 2009 15:03:23 +0000

Hey Ray – Good to hear from you man. Just wondering, as I have several friends who spent 3 years in law school… would you do it over again? They said it cost like $40,000-$50,000/yr in tuition alone (Georgetown, NYU), and if a majority of graduates don’t practice law afterwards, isn’t that an awful lot of money to spend?

Also, would you rather blog at home full-time and make $150,000, or work at Skadden and make $500,000 with all the hours considered.

Best

By: Raymond

Raymond — Wed, 20 May 2009 15:26:18 +0000

Hi Shannon,

Thanks for reading! Not sure I am all that interesting, but I do have a rather diverse background. I started off my college life pursuing one field, went into graduate school for another, and ultimately winded up in a field totally unrelated to what I received my degrees in.

But yes, I was and still am a long distance runner. Marathons are great, but extremely brutal on the body. If you ran high school cross country, you are probably used to the 3 mile competitions that most high school races are based on. Half and full marathons are much more extreme. Despite the sheer distance, the pace is remarkably faster than you’d think.

I’ve only ran half marathons before (10 miles) and even those were pretty rough on my feet and legs. I would recommend training and shooting for a half marathon first before trying out for the 26 mile ones.

By: Shannon

Shannon — Wed, 20 May 2009 06:05:55 +0000

I’m glad I found your blog, you seem very interesting and have a lot of useful information. I also ran cross country in high school, and was our top long distance runner in track. I have only competed in one little 10K run, but would also like to train for a marathon. I wish you luck!

By: Brandon

Brandon — Wed, 15 Apr 2009 18:36:31 +0000

Interesting site here, Raymond. I’m a financial planner (at $115B bank) just passing through. Best regards

By: Patrick Bateman

Patrick Bateman — Fri, 26 Dec 2008 16:49:42 +0000

Ray – I’m a fellow pf blogger from DC too! I’m a skin’s fan and caps fan as well…

Check out my site if you like!

GO SKINS

By: Jimmy

Jimmy — Mon, 06 Oct 2008 01:02:23 +0000

Cool site! Very useful information… A parrot, wow!

By: Raymond

Raymond — Fri, 11 Apr 2008 22:30:18 +0000

Hey Andy,

Wizards, if they stay healthy might be able to make a deep run in the playoffs…hopefully! It’s time to break the first round curse

By: AndyS

AndyS — Fri, 11 Apr 2008 21:04:38 +0000

Raymond – I live in the same area you. Don’t think it worked out so well for the skins and wizards will get knocked in the first round of the PO’s. Ah well, there is always next year.

By: Raymond

Raymond — Thu, 18 Oct 2007 18:54:47 +0000

Evan, I see we are in similar fields. I might move into tax one of these days since it’s my original background.

By: Evan

Evan — Thu, 18 Oct 2007 16:44:55 +0000

JD with Economics here! HUGE fan of your blog….

What is your job that it is “kind of” related to law; I only ask since I am in a similar situation (Director of Financial Planning at a Wealth Management Firm – dealing with Estate Taxes most of the day, and other fun ways to prevent Uncle Sam from taking 45%).

By: Raymond

Raymond — Thu, 11 Oct 2007 14:41:26 +0000

Hey Pinyo, I prefer to write as a casual layperson but on occasion I might put a legal spin on things.

Regarding #4…Starcraft 2 is the works.