Thanks for visiting. This blog is intended for individuals with Net Annual Income of $105,000 or more. EVERYONE! Get Rich Slow + Get Rich Quick = Get Rich Slick. If you're new here, you may want to subscribe to my RSS feed.

As some of you may know, this fall I went back to school to get my MBA.   There are several reasons I went back to school for my MBA.  First, when I was unemployed I didn’t know how long I would be unemployed and wanted to build a great “cover” story should I end up being unemployed beyond six months.  It’s pretty hard to explain to perspective employers how you were hanging out for that length of time without doing anything.  The “easy” explanation was going to be that I went back to school for my MBA!  Secondly, student loan money is dirt cheap right now and with a huge explosion of inflation coming sometime in the foreseeable future, it is great to lock in a large chunk of money at low interest rates.   I think my student loan money has a maximum lock of 8% or 9% and if inflation hits like it did in the late 70’s/80’s then I’m a shoe in for great profits and I may be able to write off the interest on my taxes to boot!   It sure beats the hell out of credit card rate jacking!   Third – college chicks!  Err…well…no that’s not the real reason, I am married after all ;)

The third reason for returning to college was to obtain a credential that is more and more in demand for the type of position I’ve held the past fifteen years and although I do have some regrets these days about the whole thing.  In any event, I’ve been having to work on a serious research paper for one of my classes and when I’ve added up all the time I’ve spent on the damn thing and multiply that against my current compensation (broken down by hour), I get a figure of around $6,000 and I’m not done yet.   I’m seriously wondering why I can’t hire some kid out of India to write this stupid paper and throw $1,000 at him/her; that’s like 40,000 rupees and a mountain of money over there.  Come to think of it, if I add up all the time I’ve spent on classes, studying, exams and papers I’m probably into the $25k range of opportunity cost.   I am seriously beginning to wonder if its going to be worth it because this is my first semester of a three year gig and when I contemplate how much this is going to cost in lost hours, the amount is staggering!

The real big question of course is if this is going to lead to any greater opportunities that I haven’t already had now.   I’ve already held various executive level positions over the years so what am I going to get out of this?   I’ve got some serious thinking to do….some real serious thinkin’ to does.