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For what it's worth, rich people do not do this. It sounds like one of those nonsense things a person would do if they want people to think they're rich when th
by dharmon 7y ago
For what it's worth, rich people do not do this. It sounds like one of those nonsense things a person would do if they want people to think they're rich when they're not.
They do, however, have a good umbrella insurance policy to cover extra liability. If you have even a modest net worth you should also do this.
And don't invite randos into your home/office.
- sneak 7y agoI’m not even accredited. I just don’t want to deal with the time and hassle of a legal mess to defend what few assets I do have, or my reputation. I’ve had some specific bad experiences that the setup in its current design should hopefully mitigate; it’s not a theoretical thing. It bothers me that there isn’t a better way to do this. As for “randos”; do you only date people you already know well? I know relatively few people well socially (ie less than dozen), and almost none in the cities in which I spend most of my time. I’m pretty reclusive despite having gotten to the point where death threats are a thing.