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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
by 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".