what will you do with your wealth

by Odahh
5 replies
hello,
i was just reading this http://www.nytimes.com/2013/09/10/ed...-nytimes&_r=1&

personally right now i have no money..that will change .

wealthy people and families use to exclude lower claases from their circles because they knew poor people could not understand the rich way of doing things ..in the late 80's ,90's and up to 5 or 6 years ago America was all about showing off wealth when you could .

now even in a place like Harvard the wealthy or ultra wealthy are supposed to tone it down ..this was the mindset that took over during the depression ..and because people had to tone down their flashy lifestyles ..it became the great depression .

i often find myself when i hear someone complaining about some rich person spending a million dollars on a car ..and they wine that the money could have been used to help poor people ..I attempt to explain that it went to the people who sold the car , built the car ..built and transported all the parts and machines to build the car ..

when you hear someone spending 30,000 dollars for ice sculpture at one party what is your reaction.

20,000 dollars for a dress for the girlfiriend.. 50 k for a watch.. 100k for an i phone someone decided to cover in diamonds .

now i am not for for spending money for flashy thing to impress others or be accepted ..but i am of with the idea that if you really like the best and very expensive things .. then make the money to get them ..also you will deal with people who have the same things because they like them
#wealth
  • Profile picture of the author Michael Ten
    If I ever become significantly wealthy, then I plan to engage in as much philanthropy as I am able to.
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    • Odahh, your honest commentary makes sense to me. I can easily agree with everything you said. Good to hear from you in thread form. Follow you elsewhere too.

      LLS
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    • Profile picture of the author Odahh
      Originally Posted by Michael Ten View Post

      If I ever become significantly wealthy, then I plan to engage in as much philanthropy as I am able to.
      philanthropy is fine ..but it is rooted in an old mindset that you had to make money in a way that didn't really help people .

      I have personally been looking for a way to profitably make other peoples lives better .

      it is the people who have it stuck in their heads that people who do good work.. should not expect to make money ..or be doing it for charity ..but allow people to make vast amounts of money building a new shopping mall . or better yet head a big company fire many employs defund retirement plans and cut benifits .
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  • Profile picture of the author joesfortune
    Let me get wealthy first. Then I will think about what I am going to do with my wealth. It is fruitless to count your eggs before they are hatched.
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    Joseph M. Dabon
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    • Profile picture of the author Odahh
      Originally Posted by joesfortune View Post

      Let me get wealthy first. Then I will think about what I am going to do with my wealth. It is fruitless to count your eggs before they are hatched.
      not to be to much of an arse .. but you can live a far higher standard of living where you live ..or many places in the Philippines..than many people in the Us making 6 figures a year .. off of what a poor person in the US needs to make to just survive and be desperately poor .

      you build wealth to support a lifestyle you want .. going the other way earning wealth first ..then trying to look wealthy ..

      with a mobile income from inernet marketing or any other way you can make money using the internet you can chose how you want to live , where you want to live and what you want to do ..and then build the income that allows it
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