3 ms·

If you still look at the prices of the stuff you intend to buy then you're not rich. Once you stop looking at prices you're rich, no matter how much actual mon

by 0x12 15y ago

If you still look at the prices of the stuff you intend to buy then you're not rich. Once you stop looking at prices you're rich, no matter how much actual money you've got.

Lightbody 15y ago
This. Thank you. This article is ridiculous. I sold my startup last year and I'm (barely) in one of those groups that he discusses. I know I'm "rich" (upper 98-99%) and extremely grateful for it. I still work, but I now have the luxury of not worrying about the price on the dinner menu or thinking twice about getting a new laptop. I don't desire boats or fancy cars (which I would have to look at the price tag). So my real source of wealth is not my Fidelity account balance, but because I like being at home watching movies with my wife and I prefer electronics and gadgets that I'll always be able to afford. This article is crazy, especially in this economy with the wealth gap between the rich and everyone else widening in the last few decades. A lot of people work until they die. $2M is unimaginable to them. It's a sick world we live in where $50M is scoffed at and $2M is considered "middle class".
tomjen3 15y ago
That is an interesting notion but I don't agree with it. You can not look at the price for stuff for a long time without having that much money as long as you stay away from cars, houses, etc. On the other hand even if you have $100 million (which would make you rich in most peoples books) you can waste that in a couple of years buying homes and planes. If you actually have so much money you can buy planes and houses without worrying about it for the rest of your live then you would be among the top of the fortune 100 list.
- 0x12 15y ago
  You can get rid of any amount of money by wasting it. But if you live a normal life with normal desires then a couple of million will go a long long way towards realizing your every wish, except for the absurd. Your own plane = extravagance, multiple houses ditto.

by 0x12 15y ago

If you still look at the prices of the stuff you intend to buy then you're not rich. Once you stop looking at prices you're rich, no matter how much actual money you've got.

Lightbody 15y ago

This. Thank you. This article is ridiculous. I sold my startup last year and I'm (barely) in one of those groups that he discusses. I know I'm "rich" (upper 98-99%) and extremely grateful for it. I still work, but I now have the luxury of not worrying about the price on the dinner menu or thinking twice about getting a new laptop. I don't desire boats or fancy cars (which I would have to look at the price tag). So my real source of wealth is not my Fidelity account balance, but because I like being at home watching movies with my wife and I prefer electronics and gadgets that I'll always be able to afford. This article is crazy, especially in this economy with the wealth gap between the rich and everyone else widening in the last few decades. A lot of people work until they die. $2M is unimaginable to them. It's a sick world we live in where $50M is scoffed at and $2M is considered "middle class".

tomjen3 15y ago

That is an interesting notion but I don't agree with it. You can not look at the price for stuff for a long time without having that much money as long as you stay away from cars, houses, etc. On the other hand even if you have $100 million (which would make you rich in most peoples books) you can waste that in a couple of years buying homes and planes. If you actually have so much money you can buy planes and houses without worrying about it for the rest of your live then you would be among the top of the fortune 100 list.

0x12 15y ago
You can get rid of any amount of money by wasting it. But if you live a normal life with normal desires then a couple of million will go a long long way towards realizing your every wish, except for the absurd. Your own plane = extravagance, multiple houses ditto.