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if accredited investor status accounted for Cost of Living I would agree with you but the reality is that hard numbers, especially when they are 300% more, rea
by rolltiide 7y ago
if accredited investor status accounted for Cost of Living I would agree with you
but the reality is that hard numbers, especially when they are 300% more, really do matter
- bovermyer 7y agoSure, but after a certain point, more money doesn't make much of a difference. I travel enough. I go to plenty of good restaurants with my wife and friends. I can buy some fun toys. My retirement fund is in progress. I have no debt. Would I turn down another hundred grand a year? No. Would I do much with it? No, it'd just go to investments, which I may or may not live long enough to use.
- rolltiide 7y agonah, I want to be able to make the same amount annually from interest alone, I want to be able to afford appeals court for any civil or criminal issue, I want a total exemption from the socio-economic woes of the proletariat such as the privilege of switching fielty to nations when convenient or preferred, a total exemption from ever needing to split assets built in a marriage because they would have never been built in a marriage or at least no real impact to an actual nest egg since they existed beforehand
- bovermyer 7y agoThat's... oddly specific. You do you, though.
- rolltiide 7y agoIts the privilege that separates the classes. As you pointed out the consumptive aspects completely disappear, but its an incredibly limited view of money. I forgot to mention the tax and liability advantages of a fully funded trust and autonomous private foundation.
- bovermyer 7y agoI admit I never considered these aspects of financial gain. What books or other reading would you recommend on the subject?