Originally Posted by thehawkman
Eastern Europe. But I'll have you know that wages like yours are unheard of here. 130,000 a year for a lawyer? The average official wage is about USD 500 a month where I'm from. And get this, gasoline is actually cheaper in the US than here. Although we have a thriving black market economy and a lot of times people get paid a large chunk of their wages off the books.
But since from what I've seen a nurse makes about 3,000 a month in the US, which I assume is a pretty low wage, him having 50,000 dollars and trying to make 36,000 a year, which is about 62% a year doesn't seem feasible, not without crazy risk, meaning he'd be likely to blow his account just like I did.
This analysis seems pretty spot on to me as someone from the US who trades extensively. Median household income in the US is just shy of $50,000 although it may have fallen slightly in the last 3 years. The idea of trying to trade for a living on $50,000 of capital in the US is absurd. Maybe $500,000.