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  #8  
Old 02-25-2008, 08:53 PM
beliavsky@aol.com
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Default Re: American Dream

On Feb 25, 11:40*am, "rick++" <rick...[at]hotmail.com> wrote:
- quote -

> This guy was trying to counter a best-seller written by a middle-age
> lady entered the minimum-wage blue collar world and saw lots
> of suffering. (Ehrenfast Nickle and Dime)


Maybe the moderators should encourage people to proof-read and verify
information before posting. It would have taken ten seconds here. The
author and book are

http://www.henryholt.com/holt/nickelanddimed.htm
Nickel and Dimed: On (Not) Getting By in America
by Barbara Ehrenreich

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  #7  
Old 02-25-2008, 06:11 PM
Tad Borek
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Default Re: American Dream

Elizabeth Richardson wrote:
- quote -

> Listening to NPR's Weekend Edition on Saturday, I heard an interview with a
> fellow who left college with $25 in his pocket and set out to see if he
> could find the American Dream - without using his college education.



I haven't read this book but some friends were talking about it over the
weekend. He apparently stopped his one-year experiment after 10 months
because of an illness in the family - by that point he'd accumulated
some money and bought a pickup. Someone pointed out that arguably, that
was when his experiment really began, because a life disruption like an
illness in the family is exactly the kind of thing that knocks down
someone who is just scraping by, on the brink of the poverty level.

-Tad

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  #6  
Old 02-25-2008, 05:04 PM
Elizabeth Richardson
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Default Re: American Dream


"rick++" <rick303[at]hotmail.com> wrote in message

- quote -

> I'd contend an educated young iman n his 20s,
> even from a minority group, has more opportunity
> than a middle-age lady. he was able to start a business
> that depended on physical strength- a moving company.


I haven't read the book, nor do I intend to do so. What I got from the
interview is much of what is expressed here, especially by Skip Weldon and
John Weeks: live below your means and don't spend your money foolishly.

Elizabeth Richardson

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  #5  
Old 02-25-2008, 04:53 PM
John A. Weeks III
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Default Re: American Dream

In article
<1308210d-862d-41f2-a985-bcd18f72860d[at]h25g2000hsf.googlegroups.com> ,
"rick++" <rick303[at]hotmail.com> wrote:

- quote -

> I'd contend an educated young iman n his 20s,
> even from a minority group, has more opportunity
> than a middle-age lady. he was able to start a business
> that depended on physical strength- a moving company.


So, why can't a woman start a moving company? She can
hire workers just as well as a man can hire workers.
And why not use carts and lift gates to avoid having to
use so much physical strength? In the long run, that is
going to save on injuries, insurance, and perhaps workers
comp. Any job can be made better by thinking smarter.

-john-

--
================================================== ====================
John A. Weeks III * * * * * 612-720-2854 * * * * * *john[at]johnweeks.com
Newave Communications * * * * * * * * * * * * http://www.johnweeks.com
================================================== ====================

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  #4  
Old 02-25-2008, 03:40 PM
rick++
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Default Re: American Dream

This guy was trying to counter a best-seller written by a middle-age
lady entered the minimum-wage blue collar world and saw lots
of suffering. (Ehrenfast Nickle and Dime)
I'd contend an educated young iman n his 20s,
even from a minority group, has more opportunity
than a middle-age lady. he was able to start a business
that depended on physical strength- a moving company.

Still I know plenty of middle-age women who have created
succesful enterprises. Plus the author's claim that America
is land of opportunity still holds. You may have to try and fail
many times. And you cant get locked into the negative
victim-mentality that it is impossible to succeed.

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  #3  
Old 02-24-2008, 11:45 AM
Mike
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Default Re: American Dream

On Feb 22, 1:37 pm, "Elizabeth Richardson" <erich...[at]worldnet.att.netwrote:
- quote -

> Listening to NPR's Weekend Edition on Saturday, I heard an interview with a
> fellow who left college with $25 in his pocket and set out to see if he
> could find the American Dream - without using his college education. He was
> successful, to a certain degree, and has some interesting pointers for
> beginners who start with nothing. Of course, he's also written a book. The
> link to the story and the 4:30 podcast is:
> http://www.npr.org/templates/story/s...oryId=19115850
> Just thought someone might find it interesting.


If you're interested in picking up a free copy of his book,
GetRichSlowly did an interview with him, in which he (Adam Shepard,
the author) told GRS's readers NOT to buy his book, but rather email
him and he'll give you a copy on PDF for free. Here's the link :
http://www.getrichslowly.org/blog/20...-adam-shepard/

BTW, it's a good story. I'm only halfway through it so far but I
think it's an interesting read...

Okay, back on topic now.

Mike

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  #2  
Old 02-23-2008, 12:36 AM
Elizabeth Richardson
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Default Re: American Dream


<camgere[at]earthlink.net> wrote in message
news:44b0d7be-c423-48c1-bcc6-135fe1d9b906[at]m23g2000hsc.googlegroups.com...
- quote -

> The fellow believed in hard work, thrift and had faith that he would
> succeed.
> I wouldn't have wasted a minute of my time disproving some academic
> point.


I think the fellow demonstrated to those who have no college education, that
success is possible. So many people are bemoaning the fact that they can't
get anywhere, nor accumulate any savings, when earning a pittance; this
shows those naysayers that it is possible. And, of course, he has used his
college degree to write and publish a book.

Elizabeth Richardson

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  #1  
Old 02-23-2008, 12:36 AM
Elle
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Default Re: American Dream

<camgere[at]earthlink.net> wrote
- quote -

> I wouldn't have wasted a minute of my time disproving some
> academic
> point. I would have used my college degree, connections
> and anything
> else I had to succeed as best as possible.


What bothers me about the report is that it seems to ignore
that the guy still had a big leg up by virtue of his college
experience. Namely, his education gave him better
communication and logic skills, and so more savvy in
general. What was he going to do, in this little exercise,
pretend his reading skills were poor? Actually only read
every other statement of contracts to show he was dumbed
down and so competing on a level playing field? No way can
he be compared to the typical non-college graduate with $25
in his/her pocket.

It's still a good tale, but I would add a caveat or two.
Maybe the book actually does.

Lastly, he wrote the book. You better believe he used his
college skills to come up with this little plan, this book
that is his million dollar baby. I congratulate him more on
being a writing entrepreneur!

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Old 02-22-2008, 11:11 PM
camgere@earthlink.net
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Posts: n/a
Default Re: American Dream

The fellow believed in hard work, thrift and had faith that he would
succeed.

I wouldn't have wasted a minute of my time disproving some academic
point. I would have used my college degree, connections and anything
else I had to succeed as best as possible.

To keep this on topic I suppose I should mention that this is an
example of wealth following the production of goods and services.

Cheers

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to keep the conversations on-topic for financial planning. Other posting
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  #-1  
Old 02-22-2008, 05:37 PM
Elizabeth Richardson
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Posts: n/a
Default American Dream

Listening to NPR's Weekend Edition on Saturday, I heard an interview with a
fellow who left college with $25 in his pocket and set out to see if he
could find the American Dream - without using his college education. He was
successful, to a certain degree, and has some interesting pointers for
beginners who start with nothing. Of course, he's also written a book. The
link to the story and the 4:30 podcast is:

http://www.npr.org/templates/story/s...oryId=19115850

Just thought someone might find it interesting.

Elizabeth Richardson

------ Misc.invest.financial-plan is a moderated newsgroup where Moderators strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the
Newsgroup.

 

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