4 ms·

Well, you can live in a not-so-affluent area and drive an average car and be very well off, as some people do to avoid attracting attention. On the other hand,

by cbg0 7y ago

Well, you can live in a not-so-affluent area and drive an average car and be very well off, as some people do to avoid attracting attention. On the other hand, someone driving an expensive car is not necessarily well off, there are quite a lot of people living paycheck to paycheck that drive "expensive" cars.

jacknews 7y ago
And so how are you then "at risk" if you live modestly, since there is little to rob? Kidnap? It seems a little ridiculous for most cases.
- adventured 7y ago
  > And so how are you then "at risk" if you live modestly, since there is little to rob? I know a guy - we'll call him Mr. Frugal - he's worth, I'd estimate, $5 to $10 million based on what I know about his income and assets over the last 30 years (I know a fair bit to make that estimation). An old family friend, he's in his 70s at this point. He built his wealth from nothing, very slowly, and is a notorious penny pincher (the most extreme version of it I've ever seen). He lives in the same house he has owned since the 1960s; it's worth $150k-$175k today. This man would be a very ripe target for any number of schemes. Targeting his bank accounts / investment accounts / personal identity, credit, and so on. That's entirely ignoring any kidnapping or blackmail type risks. It doesn't take more than a few moments of consideration to understand how his finances being made so public would make him a target for all sorts of criminals. That despite the fact that he lives very modestly and there is nothing in his home to indicate such wealth. His wealth is held outside of his home, and that's where you would target him. Frankly, given this is HN, I think it's pretty silly obvious that the physical contents of a home often are not the best target for thieves / criminals today.

4 ms·

Well, you can live in a not-so-affluent area and drive an average car and be very well off, as some people do to avoid attracting attention. On the other hand,

by cbg0 7y ago

jacknews 7y ago
And so how are you then "at risk" if you live modestly, since there is little to rob? Kidnap? It seems a little ridiculous for most cases.
- adventured 7y ago
  > And so how are you then "at risk" if you live modestly, since there is little to rob? I know a guy - we'll call him Mr. Frugal - he's worth, I'd estimate, $5 to $10 million based on what I know about his income and assets over the last 30 years (I know a fair bit to make that estimation). An old family friend, he's in his 70s at this point. He built his wealth from nothing, very slowly, and is a notorious penny pincher (the most extreme version of it I've ever seen). He lives in the same house he has owned since the 1960s; it's worth $150k-$175k today. This man would be a very ripe target for any number of schemes. Targeting his bank accounts / investment accounts / personal identity, credit, and so on. That's entirely ignoring any kidnapping or blackmail type risks. It doesn't take more than a few moments of consideration to understand how his finances being made so public would make him a target for all sorts of criminals. That despite the fact that he lives very modestly and there is nothing in his home to indicate such wealth. His wealth is held outside of his home, and that's where you would target him. Frankly, given this is HN, I think it's pretty silly obvious that the physical contents of a home often are not the best target for thieves / criminals today.