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Old 06-18-2013, 01:03 PM   #85
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I can see it.

My friend is 17, hes a diamond setter, makes around 2K a week easy on outside work from companies.
Myself, i make some pretty good money as a jeweler myself at 18 (see a pattern?)

Then there is another friend i have, hes at 17 who also oversees a big shipping operation for a big medical company constantly shipping to china, i don't know how much he makes but its most defiantly more then me and you.

You always hear about teenagers making minimal wage but there's a few who are making enough money to be full lifetime jobs, its mostly luck and knowing how to talk.
Interesting. I have a friend in the jewelry business and I was under the impression a diamond setter does NOT make 130k a year (2k/week after taxes). Unless I misunderstood you, I don't see how he gets 2k a week as a diamond setter. 2k a month yes I can see that.

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Is this fantasy land of 6 figure incomes for workers without experience, diplomas, or a firm grasp of the English language taking applications?

My engineering degree seems to have been a waste after all
Edit: I see someone beat me to it. I am also an engineer, 4 years for a B.S. and working on my M.S. while working full time in the defense industry.
I also see that you are in NY, most jobs I have looked at in the southern part of the state while paying good, are extremely competitive, you need great experience, the right education, or know the right people, or all three to land great jobs in that area, that could possibly make six figures in your early 20's.
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Old 06-18-2013, 01:05 PM   #86
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Is this fantasy land of 6 figure incomes for workers without experience, diplomas, or a firm grasp of the English language taking applications?

My engineering degree seems to have been a waste after all
The experience part is a differ, the diamond setting takes year of experience which my friend learned from a young age from his father as did i.

The shipping aspect i have no idea about, all i know is that he presented an idea to the owner of a way to increase shipping output and save him money, if i'm correct before that he was working as a run of the mill shipping worker.

You know how the world works, some people makes loads of money doing nothing, some make nothing for doing everything.

But the real question is, is that 61' Stratocaster of yours original? I mean, it is pre-CBS...
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Old 06-18-2013, 01:08 PM   #87
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Interesting. I have a friend in the jewelry business and I was under the impression a diamond setter does NOT make 130k a year (2k/week after taxes). Unless I misunderstood you, I don't see how he gets 2k a week as a diamond setter. 2k a month yes I can see that.
Depends who your doing work for, how fast you are and how many mistakes you make. Jewelry business is a very sketchy places with prices ranging from $10 an hour to over $50.

Does he do inside or outside work? That makes the world of difference.
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Old 06-18-2013, 01:18 PM   #88
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Depends who your doing work for, how fast you are and how many mistakes you make. Jewelry business is a very sketchy places with prices ranging from $10 an hour to over $50.

Does he do inside or outside work? That makes the world of difference.
To be honest I am not sure what you mean by inside vs outside work. I do not pretend to know the industry well. He works for a shop in the Greater Boston area and describes his work primarily as setting diamonds.

I could making good money as a Master or even maybe a Journeyman, but at ~20 years of age you would be at best an apprentice, I just don't see it.
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Old 06-18-2013, 01:24 PM   #89
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To be honest I am not sure what you mean by inside vs outside work. I do not pretend to know the industry well. He works for a shop in the Greater Boston area and describes his work primarily as setting diamonds.

I could making good money as a Master or even maybe a Journeyman, but at ~20 years of age you would be at best an apprentice, I just don't see it.
Inside work is when a big jewelry company like lets say Cartier has their own building and workers making the jewlerly. Outside work is when Cartier sends the jewlery outside the company name to other jewlery bussiness who makes jewlery. The advantage is that outside work makes more money (most of the time do a better job and faster) but your not always certain of getting work while inside jobs makes less money but your almost always certain to keep your job.

That's more or less what it means.

Talk about off topic eh?

Also the sad part about diamond setting is that after 40 or 50, no one really wants you. Your eyes wear down and the accuracy of the hand isn't the same. Its quite ironic to see younger setters making more money then the older ones.
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Old 06-18-2013, 01:24 PM   #90
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i just find it really hard to believe that a 16 year old is paying for everything while going to highschool
Yeah, I'm not buying this either. At 16, it's hard enough to find a job in the mall making $7/hr.

Also, $2K/week as a diamond setter? I call BULLSHIT.
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Old 06-18-2013, 01:32 PM   #91
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Inside work is when a big jewelry company like lets say Cartier has their own building and workers making the jewlerly. Outside work is when Cartier sends the jewlery outside the company name to other jewlery bussiness who makes jewlery. The advantage is that outside work makes more money (most of the time do a better job and faster) but your not always certain of getting work while inside jobs makes less money but your almost always certain to keep your job.

That's more or less what it means.

Talk about off topic eh?

Also the sad part about diamond setting is that after 40 or 50, no one really wants you. Your eyes wear down and the accuracy of the hand isn't the same. Its quite ironic to see younger setters making more money then the older ones.
In that case he does outside work, I know the local jeweler I use sends out to his shop in order to set stones, change stones, make repairs, etc.

And the age makes no sense to me. The industry average on diamond setters is ~30k annually, which is a reasonable wage, but I dont see anyone making quadruple that short of black market and illegal activities. There isnt a 100k premium for being young with little experience...
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Old 06-18-2013, 01:35 PM   #92
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In that case he does outside work, I know the local jeweler I use sends out to his shop in order to set stones, change stones, make repairs, etc.

And the age makes no sense to me. The industry average on diamond setters is ~30k annually, which is a reasonable wage, but I dont see anyone making quadruple that short of black market and illegal activities. There isnt a 100k premium for being young with little experience...
Believe what you like, the statistic are still statistics.
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Old 06-18-2013, 01:40 PM   #93
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Bought my BRZ at the age of 18. Currently 19, now. I saved for years with the intention of buying the next sports car Toyota was going to make. Almost 7 months later, and I am more than happy with my decision!

Hard work, dedication, and responsibility pay off.

Though I hate to be a naysayer, but I find it hard to believe that a 16 year old can pay for this car on their own. When you're a minor and in high school, there's a limit to how much you can work. Unless they were working their ass off over the summer, or made their money doing "extra curriculars".
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Old 06-18-2013, 01:52 PM   #94
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You know how the world works, some people makes loads of money doing nothing, some make nothing for doing everything.

But the real question is, is that 61' Stratocaster of yours original? I mean, it is pre-CBS...
True but you realize that making 6 figures puts you ahead of 90% of the United States in terms of income? That guy who makes "$2k a week" is making more money than 280 million people with relatively similar opportunities. That is exceedingly rare when all it takes to get the job is someone who likes you decides to take you on as an apprentice and a few years later with some hard work you're making more than 99.9% of the world.

I will PM about guitars.
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ineedyourdiddly
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Old 06-18-2013, 02:04 PM   #95
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I'm 20 almost 21 and have been working for my father at his various restaurants the last 8 years(followed the child labor laws!) with the latest places I'm working at being a papa johns and a quiznos. I'm also going to school full time for a bachelors in computer science
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Old 06-18-2013, 02:08 PM   #96
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True but you realize that making 6 figures puts you ahead of 90% of the United States in terms of income? That guy who makes "$2k a week" is making more money than 280 million people with relatively similar opportunities. That is exceedingly rare when all it takes to get the job is someone who likes you decides to take you on as an apprentice and a few years later with some hard work you're making more than 99.9% of the world.

I will PM about guitars.
This is my thought as well.
There are absolutely very few career paths that result in 6 figures at a young age. Those that do tend to be intellectual jobs in engineering, economics, and finance. Even for these positions you generally need a degree from the right school and/or have to be exceptionally gifted to make that kind of money so young.

In skills and trades jobs, I have heard of plenty of scenarios where Journeyman or Master workers make six figures, they work hard for someone else and work their way up, or they own the business. But when as an apprentice (which in many trades can be for years) the pay tends to be pretty low.
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Old 06-18-2013, 02:09 PM   #97
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True but you realize that making 6 figures puts you ahead of 90% of the United States in terms of income? That guy who makes "$2k a week" is making more money than 280 million people with relatively similar opportunities. That is exceedingly rare when all it takes to get the job is someone who likes you decides to take you on as an apprentice and a few years later with some hard work you're making more than 99.9% of the world.

I will PM about guitars.
That's a scary fact. I'll talk to him about this, maybe even send him this thread and he can give his input on what he makes. Or beat me for revealing his income.


Also that is true when your a minor you are only post to work a certain amount of hours (till 7?) but how many of us followed that?
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Old 06-18-2013, 02:21 PM   #98
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if i made 2K a week id have a nicer car than one of the twins
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