Ask HN: How to earn over $250K a year?
One thing you didn&#x27;t really bring up is the sort of life you want to have. Generally speaking, people think of an annual salary as a end in itself, when it is really a means to an end.<p>For example, if you are living in a small town and making $155K&#x2F;year, your standard of living is likely significantly higher than someone making $250K&#x2F;year but living in Manhattan or Soma.<p>You can double your salary by finding a second job. You&#x27;ll make $310K&#x2F;year, work 80+ hours a week. Would you be willing to do that? I imagine probably not.<p>Finally, what sort of time frame are you on? Specifically, do you want to make more $$ to pay for kids next year? More vacations? Retirement?<p>Investing $25K&#x2F;year in an index fund will increase your long term net worth &#x2F; assets, but it won&#x27;t feel like you&#x27;ve increased your salary, especially in a market where you might lose money one or two years in a row. This might also make it impossible to pay for daycare, cribs, and nannies if you&#x27;re ultimately doing this to pay for kids.<p>So ask yourself (or tell us): (1) what are your goals &#x2F; why do you need the money, (2) how much are you willing to sacrifice to get it, and (3) what is your risk profile?<p>If you want some reading material, this is a good blog: <a href="http:&#x2F;&#x2F;www.freedomthirtyfiveblog.com&#x2F;" rel="nofollow">http:&#x2F;&#x2F;www.freedomthirtyfiveblog.com&#x2F;</a>