Year 12s: what will be the first way you research your future options? >>

If you were rich would you work/go to uni?

Scroll to see replies

so would you go to uni/work?

It depends on exactly how much i had. If it was enough to live off comfortably for life without ever having to worry about running out of money, then no i wouldnt. Id just spend my time doing voluntary work or something.
If it was less money (but still making me rich) then depending on how much money it was, id still probably end up still working, perhaps just part time or something.

Reply 61

games211

Original post by Anonynmous

Probably. Obviously go on sabbaticals every so often...

It's boring when you got nothing to do sometimes.

Lol If I was rich rich I would not be bored tho

Reply 62

thecatwithnohat

I'd probably study a mickey mouse degree for the bants since I won't be too worried about getting a job :wink:

Reply 63

Jodie99

I think I'd definitely want to go to uni and I think probably work (maybe as an academic since money wouldn't be a problem). Not doing anything for the rest of my life would just drive me insane though.

Reply 64

games211

Original post by thecatwithnohat

I'd probably study a mickey mouse degree for the bants since I won't be too worried about getting a job :wink:

lool then why do you a degree at all?

Reply 65

games211

Original post by Jodie99

My last exam was two weeks ago and IM GOING INSANE!!!!!!!!!

Reply 66

thecatwithnohat

Original post by games211

lool then why do you a degree at all?

You do a degree to make yourself more employable, get yourself up there to earn a lot of
£

£

£

But if you've already got the money, what's the point unless you really want to learn a seriously academic subject for fun? :ninja:

Reply 67

Jodie99

Original post by games211

My last exam was two weeks ago and IM GOING INSANE!!!!!!!!!

Same! I'm so bored I've been practicing some AS maths for when I start next September

Reply 68

games211

Original post by Jodie99

Same! I'm so bored I've been practicing some AS maths for when I start next September

Atleast you still have some control over your future :frown:

Reply 69

username664275

I'd finish my degree, then do a Masters and then get a PhD. After that I'd be a researcher.

I really like maths.

Reply 70

games211

Original post by 4mar_ar5en4l

I'd finish my degree, then do a Masters and then get a PhD. After that I'd be a researcher.

I really like maths.

How much does a PhD cost?

Reply 71

username664275

Depends where you go... 3 years at about £9k for where I'm looking to go, which if I were rich wouldn't be much.

Reply 72

scorpion95

I would probably go to uni if was rich, then I would work but something like volunteering to something part time possibly unless can get a job like doing and happy to do

Reply 73

peanutbuttercup

Yes because I want a degree, and being rich would make it easier to obtain that as I could cover my own tuition fees and living expenses etc, so why not?
Also, you can go from suddenly being really rich to really broke, so having a degree as a fallback can't be a bad thing.

(edited 8 years ago)

Reply 74

Smug Life

what do you mean by "work"? i would earn money from my fortune, yes, but i wouldn't "work". i'd hire people/invest.

Reply 75

Anonynmous

Original post by games211

Lol If I was rich rich I would not be bored tho

Fair enough :L

Reply 76

slg60

Original post by Tourminator

To be fair you could invest £1M in company shares or you could buy a property or two in an expensive area and then lease it, the latter being the better option. However, one is still not out of the woods in terms of financial security so I'd still at least embark on and finish my degree.

I would say the company shares were the better option, and it would be a better investment to have more smaller properties in crappy areas than 1 bigger one.

Reply 77

slg60

Original post by Bill_Gates

Off 500k invested wisely should be able to get minimum 40-50k per year return.

Many investment strategies yield 6% per year, thats 30K return, so no you are wrong.

Reply 78

Bill_Gates

Original post by slg60

Many investment strategies yield 6% per year, thats 30K return, so no you are wrong.

you're only thinking about the UK here, like i said invested wisely should be able to create larger returns. Not only in a saturated dwindling economy.

Reply 79

username1743393

Original post by slg60

I would say the company shares were the better option, and it would be a better investment to have more smaller properties in crappy areas than 1 bigger one.

The thing with company shares is that it is quite risky! If the company suddenly becomes in a financial crisis or fails to make adequate profits your investment will be either lost or the value of your shares significantly worth less. With property investment there is always high demand especially in the big cities e.g.London and Birmingham etc then you'd just get your money back from the lease and once you have that you can continue to make a profit forever.