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Call it any thing you want it's greed. I can understand a developer with $100k worth of stocks trading in desperation because they want to pay off their studen
by segmondy 8y ago
Call it any thing you want it's greed. I can understand a developer with $100k worth of stocks trading in desperation because they want to pay off their student loan or buy a house. But this guy had around $10 million. What desperation?
- irrational 8y agoThose yachts don't buy themselves you know!
- therealforsen 8y agoSomeone who's not a developer with student loan debt might call that greed as well. We are all very sympathetic to ourselves.
- segmondy 8y agoVery true. :-) It's all greed.
- tw04 8y agoAnd yet there's been countless studies about the point at which money stops being about comfort and it's ~$140k/year. At about $200k a year in most of the country and I'll go so far as to say $500k/year in the valley, if you are struggling with money you are being extremely stupid with it. At $10 million you could instantly retire and lead an upper middle class lifestyle off the interest alone in 90% of the country.