What's your Edu and it's implication to you?

[Phil McBride]

Originally Posted by Loafer

I just wanted to congratulate jug on his spelling of the word

Literature

a masterclass in irony.

Genius

Well bearing in mind Jug is Malaysian and hence English is not his first language a little lightening up should be in order should it not?

[Phil McBride]

Originally Posted by Loafer

I have to point out that education is ONLY the ticket, all it does is get you on the train.

by this I am referring to education up to and including Uni, not MBAs and industry specific qualifications.

all of my jobs (and payrises) are down to my experience.

Lucky you, I am a mad scientist by trade and am still doing the insane retail thing, well sort of

[Loafer]

I was not knocking him at all, whether intentional or not it is, as i said, a master class in irony. Particularly when you read the rest of the post which is in better english than most of mine.

I say again, I was NOT having a pop at him.

[Phil McBride]

Don't believe you

[redkingjoe]

Originally Posted by Loafer

I have to point out that education is ONLY the ticket, all it does is get you on the train.

by this I am referring to education up to and including Uni, not MBAs and industry specific qualifications.

all of my jobs (and payrises) are down to my experience.

Totally agree. Ticket ONLY. whether one can stay or move up in career is pretty much depending on his abilities.

[redkingjoe]

Originally Posted by Loafer

I just wanted to congratulate jug on his spelling of the word

Literature

a masterclass in irony.

Genius

this post reminds me of our good friend, Lyphane, who loves to give "lectures" on spelling...it seems that we really missed him so much that we started to pick up his "job" in this forum....his spriit is so long lasting...

[jug8man]

yes i agree with all of you. having a tertiary education of what ever level is just a TICKET.
everything else depends on the true ability of the individual which does not neccesarily have to come from education. having a good level head on our shoulders is of the greatest importance regardless of how it got that good.

so i hope nobody takes any offence to my previous post. i am no advocate of higher education supremacy. im just an advocate of expanding one's horizons and view of the world. thru what ever means, mediums and channels.

i have bolded other points that support my actual intentions of the previous post.

8man

Originally Posted by jug8man

i would like to ellaborate further on this. reds statement agrees with becker's theory on human capital (ie more education = greater earnings)
however in this case of intergenerational wealth, earnings is not the only issue. greater education is generally assumed to increase the knowledge and ability of individuals to better manage their finances. this includes expenses, cashflow, as well as knowing how to invest best (what to with the moolah). having a good education not only creates job opportunities but it gives the human mind more options, ways and means to maintain their wealth if not improve on it.
in short: a good head on your shoulders is a very valuable asset

8man

[Phil McBride]

Originally Posted by Loafer

I have to point out that education is ONLY the ticket, all it does is get you on the train.

by this I am referring to education up to and including Uni, not MBAs and industry specific qualifications.

all of my jobs (and payrises) are down to my experience.

Actually this is the best point of all made so far, I could not agree more!

[Loafer]

*basks in the glory of having McB agree with him*

[Phil McBride]

Originally Posted by Loafer

*basks in the glory of having McB agree with him*

It's common sense more than anything else and that seems scarce in here at times.

People think a degree should make employers line up and take them in with open arms, offer them jobs, cars and big salaries and that as we all know is not reality.