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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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SpedeReder
To: Qone0 who wrote (85495)4/2/2024 6:19:19 PM
From: ajtj991 Recommendation  Read Replies (1) of 98066
 
It sounds like a good gig for someone who is under 26 and still has their health insurance covered under their parent's policy. They also have to pay the bigger bump in the FICA tax, as they are a contractor.

That $2,500 drawdown really limits risk, but it also limits reward somewhat.

Lots of kids in their 20's can make $50-$60k/year just working regular jobs that don't even require an education. Plus, they can get full health benefits. They may have to work 45-50 hours, but it's doable in many states.

I will say that the productivity increases over the past 30-years mean that a single 20-something working 40-45 hours a week is probably producing more than 3 people working 40-hours a week 30-years ago.
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