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Buying a Jet
02-25-2014, 06:37 PM
@wwt you don't strike me as someone who would enjoy retirement. Just saying I know we have never met still I get that vibe.
I feel you on the working maybe 20 hours a week in the future part though. But if you like your work it's tough to quit.
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Buying a Jet
02-25-2014, 11:09 PM
Quote: (02-25-2014 12:58 PM)Laner Wrote:
Why are you doing two years of Community College?
Is this a financial move or strategic move?
I thought you were a rich kid you talk of owning Gucci shoes and sporting $5000 watches so I am surprised to hear the CC route.
And yeah, if you can invent and patent medical devices and techniques there is money to be made for sure. Although I could think of less rigorous ways than 10 years of training in order to start out in a field.
Haven't decided on whether I'm going to CC or a straight 4 year school. My plan was to either go to a good 4 year school or go to a CC for two years and transfer over to a top-tier school, probably UCLA or USC. The cost isn't my biggest issue, the planning is. I have a community college very close to me, so that's another reason I'm considering CC.
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Buying a Jet
02-26-2014, 04:43 PM
I went to UCLA, and my good friend went to USC. I didn't see a huge difference in connections or education 10 years after.
If you want to develop a surgical device, why not go to UC Berkeley or (better yet) Stanford where you'll be surrounded by software entrepreneurs?
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Buying a Jet
02-27-2014, 03:01 AM
Quote: (02-26-2014 04:43 PM)hun73r Wrote:
I went to UCLA, and my good friend went to USC. I didn't see a huge difference in connections or education 10 years after.
If you want to develop a surgical device, why not go to UC Berkeley or (better yet) Stanford where you'll be surrounded by software entrepreneurs?
I'm trying to stay close to where I live, L.A.
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Buying a Jet
03-05-2014, 03:47 PM
Quote: (02-25-2014 11:09 PM)CaliforniaSupreme Wrote:
Quote: (02-25-2014 12:58 PM)Laner Wrote:
Why are you doing two years of Community College?
Is this a financial move or strategic move?
I thought you were a rich kid you talk of owning Gucci shoes and sporting $5000 watches so I am surprised to hear the CC route.
And yeah, if you can invent and patent medical devices and techniques there is money to be made for sure. Although I could think of less rigorous ways than 10 years of training in order to start out in a field.
Haven't decided on whether I'm going to CC or a straight 4 year school. My plan was to either go to a good 4 year school or go to a CC for two years and transfer over to a top-tier school, probably UCLA or USC. The cost isn't my biggest issue, the planning is. I have a community college very close to me, so that's another reason I'm considering CC.
if I were you, I would go to a CC. you save lots of money, you can still network big time, and you have a cushion place if you fuck up.
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Buying a Jet
05-20-2015, 04:22 AM
I found a Lear 26 for a great price.
Well seemingly....
Kinda curious what the engine costs are per year.
Needs inspections as well.
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05-21-2015, 12:49 AM
Thread about jet ownership gets started by a big-baller-troll who is later banned for his big-baller wannabe behaviour.
Later, an actual multimillionaire jet owner comments on that thread and provides excellent information to the forum.
I love the RVF.
I'm the King of Beijing!
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Buying a Jet
05-29-2015, 03:37 AM
How's that saying go again?
If it it floats, flys or fucks....
Can buy a jet for a couple hundred but that's just starters...(actually found a Lear for 100K but you know it needs work. A lot.) And i can't even land it at the airport closest to my parents... Think I'll buy a ride before the plane.
One can park a Gallardo in front of the saloon.
A jet? Not so much.
edit-I should note that I am not like a lot of the people on RVF. i have little desire to travel to other countries as there is plenty of trim here in the US.
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Buying a Jet
05-29-2015, 10:47 AM
It seems insane to me to sink a couple million a year into a jet. Just doesn't seem sustainable or prudent.
Assuming that capital yields about 4% in spendable income after inflation, taxes, etc are taken out, the maintenance and operation of a jet ties up the investment income of 50 MM in liquid assets, nearly double the threshold for UHNW. And all of it spent on a single form of transportation.
Run two scenarios. One scenario where you let that 50 MM grow for a decade and reinvest the income, and one where you use it to have a jet. Two very different results.
"Me llaman el desaparecido
Que cuando llega ya se ha ido
Volando vengo, volando voy
Deprisa deprisa a rumbo perdido"