Path: csiph.com!usenet.pasdenom.info!aioe.org!.POSTED!not-for-mail From: "Rod Pemberton" Newsgroups: comp.lang.forth Subject: Re: hows the communism? Date: Wed, 11 Dec 2013 18:48:25 -0500 Organization: Aioe.org NNTP Server Lines: 28 Message-ID: References: <71443280-191a-403a-9356-b990a22520b5@googlegroups.com> <1955a953-39b2-44a2-987b-754d7ae1162e@googlegroups.com> NNTP-Posting-Host: CNsg4fVcCsvs3UaOgZtQCw.user.speranza.aioe.org Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii; format=flowed; delsp=yes Content-Transfer-Encoding: 7bit X-Complaints-To: abuse@aioe.org User-Agent: Opera Mail/12.16 (Linux) X-Notice: Filtered by postfilter v. 0.8.2 Xref: csiph.com comp.lang.forth:27228 On Wed, 11 Dec 2013 17:49:50 -0500, Alex McDonald wrote: > The rest of the "published author, six figs" stuff is overblown fantasy. I don't know why you say that. It's easy for anyone to create an e-Book: published author. It's also fairly easy for a single male, who earns an above average salary (>$65K), who has a low cost of living (<$10K), to accumulate six figures in savings, in just a few years, after 33% taxes. If they put off marriage after college until 28 to 33, they could have $400K+ in the bank, or maybe a little less due to college loans. If they invest well, they could have nearly $500K, exceptionally well, $1000K. In more expensive markets, like California or New York city, they would have to take exceptional measures to control rent or housing costs, perhaps renting a room in a private house in California, or a 300 square foot micro-apartment in NY. It's the marriage, expensive vacations, the hospital births, the children, the children's college fund, the mid-life crisis sports car, the wife's out-of-control shopping sprees, the healthcare bills, the mortgage, the second mortgage, the retirement accounts, the divorce, the alimony, the child support payments, insurance and job loss, etc that drains the savings, i.e., American "family" life or the "American dream". Irony. Rod Pemberton