View Single Post

Thread: Robert Kiyosaki's Rich Dad poor Dad

  1. - Top - End - #11
    Dragon in the Playground Moderator
     
    Peelee's Avatar

    Join Date
    Dec 2009
    Location
    Birmingham, AL
    Gender
    Male

    Default Re: Robert Kiyosaki's Rich Dad poor Dad

    Quote Originally Posted by darkrose50 View Post
    1/6 teachers are millionaires
    You keep saying that even though it is incredibly misleading.

    Spoiler: Quick and dirty average teacher salaries. Hoover, for the record, is one of the richer cities in the Greater Birmingham Area.
    Show

    Quote Originally Posted by darkrose50 View Post
    a large contributing factor to that are pensions.
    Brookings article on teacher pensions and why what you probably know about them is wrong.

    And, from an article titled "14% of millionaires are teachers":
    In addition to pensions, educators, including college professors, earn “a fair amount,” when you factor in publishing, consulting, and summer jobs, says George Walper, Spectrem president and CEO.

    “If they’re smart at investing, they can do pretty well,” he adds.
    ....Another factor: Some 46% of the educators attribute their wealth to inheritance. That could leave them free to pursue a career regardless of the pay.
    So if you're born rich, work multiple jobs, or are good at investing. None of which require you to be a teacher, or are even helped by you being a teacher.
    Last edited by Peelee; 2019-08-07 at 10:33 AM.
    Cuthalion's art is the prettiest art of all the art. Like my avatar.

    Number of times Roland St. Jude has sworn revenge upon me: 2