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> feeling wealthy is about comparison with others in your reference group I guess the solution is to not hang out with other rich people, don't move to a wealt
by nathan_f77 8y ago
> feeling wealthy is about comparison with others in your reference group
I guess the solution is to not hang out with other rich people, don't move to a wealthy neighborhood, and just don't care about your social status. "Ignorance is bliss".
I would be very happy if I had $200k in passive/investment income. That would be a SaaS company worth ~$1.5M, or ~$6M invested in index funds. If I ever get there, I hope I can resist the temptation to just keep going and waste my life trying to make more and more money. I just want a small house, unlimited free time, and no responsibilities. Then I'd like to spend time on hobbies, non-profit work, and maybe start new companies to solve problems (but not for the money.)
There must be lots of people on HN who are multi-millionaires from startup exits. Did you notice a change in yourself, and you started to want more money?
- tonyedgecombe 8y agoIn the UK it's been common advice to buy the worst house in the best neighbourhood. Perhaps it should be the other way round for your wellbeing.