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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
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Well, how much do you have in your 401K and how old are you?
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<p>[QUOTE="Anonymous, post: 3308123"]I have to disagree with you here as well. If you all you have are liquid assets then I’m sure you can “handle” it on your own as you have very little to “handle”. I made over a million dollars at the age of 34 when a very well known biotech was acquired. I’m married, my wife is a stay at home mom to our son and we plan on having another child. When I was scratched a seven figure check I didn’t have the first clue of how to invest it, what was best for tax purposes, and now I had to set up a will, an estate, umbrella insurance because now I had assets that I could lose if something happened to me or we were sued. When we had no money there was no risks now that we have more than a million in liquid assets we have a lot to lose, but we also have the means to make gains and we too have a financial planner who has done an excellent job getting us set up. Just getting us through the tax implications the first year was worth every penny.[/QUOTE]</p><p><br /></p>
[QUOTE="Anonymous, post: 3308123"]I have to disagree with you here as well. If you all you have are liquid assets then I’m sure you can “handle” it on your own as you have very little to “handle”. I made over a million dollars at the age of 34 when a very well known biotech was acquired. I’m married, my wife is a stay at home mom to our son and we plan on having another child. When I was scratched a seven figure check I didn’t have the first clue of how to invest it, what was best for tax purposes, and now I had to set up a will, an estate, umbrella insurance because now I had assets that I could lose if something happened to me or we were sued. When we had no money there was no risks now that we have more than a million in liquid assets we have a lot to lose, but we also have the means to make gains and we too have a financial planner who has done an excellent job getting us set up. Just getting us through the tax implications the first year was worth every penny.[/QUOTE]
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
General Discussion
>
Industry Veterans
>
Well, how much do you have in your 401K and how old are you?
>
Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
General Discussion
>
Industry Veterans
>
Well, how much do you have in your 401K and how old are you?
>