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Passive income is a euphemism for unearned income - the most damaging of all income sources; The Great Real Estate Boom Ahead seminar, delivered by Australia's leading property spruiker Dymphna Boholt
Topic Started: 30 Aug 2013, 04:44 PM (2,460 Views)
doubleview
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herbie
1 Sep 2013, 01:27 PM


Mental note to self: Suggest my smartarse spivvy little nephew considers doing a trade at 18 on leaving school and going back as a 'mature' age student at 22 when he'll have realised REAL work sucks and be motivated to get good grades - Nothing like having two strings to your bow I reckon ...
Couldn't agree more!!

That's basicallywhat i advise my kids to do.

Get a trade then start a business, then perhaps at around 25-30 go part time and get a business, economic or finance degree.



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Pig Iron
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Bogan scum

doubleview
1 Sep 2013, 12:55 PM
I wouldn't say its dead end but its going to get a shit load more competitive.

you go talk to a few kids and see what they all want to do, most want to get into IT related jobs.

They all want to be the next mark zuckerberg!!

Its fucken sickening!!

No kids want to be tradies anymore, very worrying.

I'm thinking a half smart kid that aspires to get a trade in say plumbing or something like that will make a motza in the future.

A half smart kid could have a shit load of tradies working for him in no time.

It might be a slog for the first few years however imo it offers a shit load greater chance of success rather than IT.
a trade in industrial instrumentation and then a degree in computer science or mechatronics would be very valuable.

trade+degree is very hard to find but incredibly useful.
Black Panther
1 Sep 2013, 01:26 PM
Sure there is a future in IT in India, China and the Eastern Euro countries, but in Aus its an unwinding industry for sure.
yeah, i think the only future for IT in australia other than on the ground monkey work is high end systems design or RnD.
Edited by Pig Iron, 1 Sep 2013, 02:32 PM.
I am the love child of Tony Abbott and Pauline Hanson
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Foxy
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Zero is coming...

Pig Iron
1 Sep 2013, 12:00 PM
yeah right, you choose a dead end industry and hold off buying a house till your almost 40 in the hope of a crash that never comes, but somehow i'm the stupid one??

if that's stupid, i hope i never end up as smart as you loser.

not to mention share holders getting dividends. burn them all at the stake!!!

honestly this whole article is the most retarded load of shit. if you are smart enough to earn money using your wits investing it, it IS "earned"
The trouble with dumb people is they think they are smart, then when their weird shit does not work out they want communism or socialism or fuckwitizm to force stupidity onto the winners.
Then dress up in weird costumes and march up and down in front of the smart people while forcing them to pull out weeds or something dumb like renting an apartment they used to own.

http://vimeo.com/37382930

This guy "the Dictator" rented a house for 20 years waiting for prices to come down.

The dumb lose the smart win.
Always have always will.
Supply and demand baby.
Slow and steady win the race.
Peter from Gnarabup
:pop:

http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
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