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To: elmatador who wrote (51188)6/22/2004 12:39:14 AM
From: energyplay  Respond to of 74559
 
It also may be easier to make or luck into money by being in costal California. Buy a 'normal' house, wait 7 years, you're up 200k. Get stock options at work - 4 years later, they are worth 100k - and this for the average college grad in tech with 3-5 years experience. Both you and your wife/spouse/significant other/whatever work, both making 60k, loading money into 401(k) and IRA(s). Someone tells you to go buy XYZ stock, you do, and get a 4 - bagger in one year.

For the ambitious, well-connected and greedy, it gets even better...;-)

Look at how much Enron made from California.



To: elmatador who wrote (51188)6/22/2004 12:41:35 AM
From: Taikun  Respond to of 74559
 
<Life in CA is good if you have money>

The Four Seasons Hotel in Austin Texas makes a mint off LA entertainers who want no-state-income-tax Texas their home and need a suite and maildrop to comply.

Even the stars have enough money to put up with it, but they make their legal home out of state.

Life in CA is good if you have money, and even better if you can avoid CA state taxes.


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