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  1. R

    Cautious Lawyer Slowly Merging Into Fastlane

    INTRO 
    That's a great metaphor. My problem was that I had considered compound interest as being really powerful, not realizing that it derives its power from time and it is really time that is powerful.
  2. R

    Cautious Lawyer Slowly Merging Into Fastlane

    INTRO 
    Much thanks for the sage words, Young-Gun! I completely agree that discipline is key. (I learned this the hard way with investments . . .) I consider my savings/investments to be my financial fortress -- sparse and unadorned but not to be dismantled because each brick took so long to earn on...
  3. R

    Cautious Lawyer Slowly Merging Into Fastlane

    INTRO 
    Thanks for the advice, 458! It makes a lot of sense and I intend to start small to learn the ropes. I reckon that there's a learning curve with being an entrepreneur in a same way that there's a learning curve to investing, where a large bankroll without discipline and experience is often the...
  4. R

    Need to Escape the Slowlane of Investment Banking

    SLOWLANE 
    GMD: Sounds like a tough gig. Even using slowlane criteria, there's a strong argument for switching gears to a job that you like (and which, to boot, could afford more time and freedom for your side projects). TLDR; I like the idea proposed by AdamMaxum and think that you should also think...
  5. R

    Need to Escape the Slowlane of Investment Banking

    SLOWLANE 
    1, 3: I was in biglaw for over seven years so I am somewhat familiar with your predicament. (It's not as intense as investment banking, but I worked in bankruptcy litigation where we were often working 24/7 for long periods of time). I think the answer depends on your income and your risk...
  6. R

    Cautious Lawyer Slowly Merging Into Fastlane

    INTRO 
    Hi MJ -- Much thanks for the reply and I have to reiterate how much I enjoyed your book (and am sending copies to my friends, which I rarely do!) I'd consider myself cautious because I have traditionally favored smaller but surer bets over bigger but riskier bets, even over a long time...
  7. R

    Cautious Lawyer Slowly Merging Into Fastlane

    INTRO 
    Hi all. You can call me Grek. After sacrificing heavily on expenses and my personal time, I saved about a million dollars after seven years in the slowlane at a NYC law firm and a few years as an inhouse brokerage lawyer (where I currently work). Last week I picked up a copy of Fastlane...
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