What's is like to be rich? Any of you robots here well off?
>>84728708>What's is like to be rich?Mostly, it's just an absence of worrying about money. I don't have anything I want to buy (beyond essentials like groceries), so I don't think about money much. I never got in the habit of spending money on anything other than essentials, and that hasn't changed now that I have enough money.Probably the biggest difference between me and "ordinary" people is the way I view amounts of money. The stock market jerks my net worth up and down by an average of about $15K per day, so any amount of money that's less than that is not something I can keep track of, because it gets lost in the continual "noise" of daily stock market fluctuations. For example, I should probably replace my 15-year-old car some day, and the new car will probably cost about $45K or so. So I think of a new car as costing "3 average gain days in the stock market", so I just shrug it off.Most of my wealth comes from stock market gains. My past stock market gains have "reimbursed" me for all my past expenses, and it's almost certain that future stock market gains will pay for all of my future expenses, leaving my principal untouched. So I have essentially gotten a financial "free ride" through life thanks entirely to stock market gains."Rich" is a relative term. My total net worth is in the top 4 percent of USA households, which is "kinda rich", but not "really rich". However, I am unusually liquid compared to most -- for example, my retirement savings places me in the top 1 percent.
>>84728708My dad is the owner of a very large flour company in my country, we aren't super rich, but like IDK maybe mid tens of millions in assets. It's nice, I went to a private school and a private uni. Always had a driver and housekeeper, etc. I also am late 20s and unemployed still, so there were some negative aspects I guess.
I grew up rich and then our family lost a lot of our money, honestly I didn't realize how terrible the average person's life is and how hard it is to get money. I cry a lot about how life is too hard now
IT'S FUCKING GODLIKE. Nothing compares to it. Whoever said money does not buy happiness was lying. ...but then again, this is coming from someone who used to be dirt fucking poor and a formerly bullied poorfag NEET loser who was unemployable. Maybe it's a different experience for people who were born rich.
>>84729057Lmfao this nigga sells flour
>>84728708I come from a wealthy family (I don't know my parents net worth but it's 10 million at the bare minimum). I live with my family and am allowed to do so as long as I'm not a NEET and help out around the house. So no rent, utilities or food to pay for.I was given a public education and did well. I have to pay for university myself.I've been to around 40 different countries on family holidays and my parents have invested money for me (probably worth 300k now).Honestly the biggest advantage is that they've taught me to save and invest and given that I live at home for free, I've actually been able to even while studying. I'll always have a safety net if I fail. It's extremely lucky but also really fucked up how where you're born can make your life so much easier.
>>84729084>I didn't realize how terrible the average person's life is and how hard it is to get money. I cry a lot about how life is too hard nowO M F G THANK YOU!!! THIS!!!! THIS *SO* FUCKING HARD RIGHT HEAH!!!!!Now imagine if you were a straight A model student in high school and it was 2009 and grad students were underemployed at bicycle repair shops if they were lucky...I regret nothing I did to climb out of poverty. And you should be trying everything to climb out too. You were wronged by God the minute you suffered poverty.
>>84729026cool i hope the system collapses and you get eaten by niggers
>>84728708Pretty much the same as everyone else. I do get to drive a nice car. And eat at some expensive restaurants. That's about it.
>>84729119>Lmfao this nigga sells flourBro is acting like he never eats flour. Your diet is probably 99% flour goyslop.
I don't think about it, me and my family were basically not even playing we're religiouscels
>>84729119He sells you your flour and you lick his balls clean while worrying about rent
>>84729127Most people will say the benefit of being rich is just "not worrying about money", but until you've been broke you don't realize how bad it is to worry about money. Being worried about budget for even basic things like food and bills is the worst thing. You lose the ability to live your life freely when you have to worry about costs. Doing things like trying a new hobby, joining a gym, or going out to a bar or a concert start to seem too expensive, not even mentioning luxuries like going traveling. Basically you have no choice but to sit at home eating cheap food, or maybe just walk around aimlessly.
>>84729135This is it. I can buy whatever I want to but I just enjoy my sexy pickup truck, nice clothes, and good dood.
>>84729218Yup! I had PokemonGO and drawing and that is how I socialized. I budgeted everything: I would have a cheap $100 convection oven and I would make cheap tortilla shrimp pizzas with cheap ingredients (except for the shrimp, that was expensive). I would shop at dollar stores for toothbrushes, shampoo, brushes and basic stuff. I didn't spend my corona check on stupid shit like my friends did, I saved it. I usually sat home and watched Netflix, alone. Being poor sucks monkey balls, no one should ever be poor, unless it was to make them not-spoiled when they eventually become rich.
If you're not at least a millionaire by 30, you're honestly a failure. You have zero reason to still be poor or even middle class by 30 with all the resources available to you.
>>84728708My family is old money, yes. I've never not been rich so it's hard to say
>>84728708Pretty reasonable car for someone that is very rich
>>84729026Yeah that clocks, I'm not rich, but since I have theoretically everything I want (with the rest being just silly whims) the only thing I fear is not having that safety net.To this day I'm not sure how money changes people, rich people are just normal chaps that maybe do a bit of funny gestures to some everyday things they don't have to deal through but it's whatever.
>>84729302>>84729218The more you want the less you have.
>>84729504Lmao sybau, my penny pinching and schmoozing eventually got me out of poverty. Unless you're talking about "losing your soul for riches" or some retarded Nigerian crap, in which case - I would sell my soul again and again and again to the right and highest bidder.
>>84728708I am just about to become rich. I grew up lower middle class. Right now I only have 2,000$ in my bank account due to just paying the last of my wife and I's student loan debts. I just started a job in April that pays about 20k a month. Before, I was making about 5k a month. I already took my family to Disneyworld last week and am going to the beach next week. Literally being rich for 2 months has been better than 23 years of being middle class. Resturants, vacations, no debt, and now investing and saving up for a house in the nicest neighborhood in town. Might even grab myself a new car eventually once my shitbox gives out. Wife wants more kids. Life is so much easier and less stressful when you have access to money. I wish I started off rich but I guess I wouldn't appreciate it as much.
>>84729504The road of excess leads to the palace of wisdom.
>>84729601This is truth, the Buddha was a rich man who descended from wealth. Jesus was a carpenter. Most enlightened people come from the rich and hard-working class, meanwhile the vast majority of poor people are criminal pieces of trash from birth.
>>84729326300k by 30 is more realistic. millionaire by 30 is insane, even with perfect investing, unless you are getting help from rich family members
>>84728708>Had all the right ingredients>Too much of a fuck up to follow the recipeI managed to get up to 250k at 25 but then shit happened and it's all gone28 now, here's to a new life
>>84729793What happened for you to lose all that dough?
What is well off? I make $110,000 but I live in NYC so it does not feel like I am well off.
>>84729903110,000 in NYC is basically the same as 50,000 in the average American town. So I would not say you are rich
>>84729903>>84729929I make 200k+ in a small city (less than 100k residents) in the southeastern USA. The cost of living compared to NYC is insane. 200k here is equivilant to a 500k salary in NYC when put into a cost of living calculator. Similarily, 200k a year in NYC would be equivilant to 80k a year here. And its paradise here when compared to New York Shitty so I feel pretty well off.
>>84728708>can prepare for various scenariosIt was worth gaming a little less and reading a little more for a collective few days of my lifeI diversified from the start so I had ultra-safe options in case trying with "high-risk" paths didn't work out
>>84729026Damn, how'd you get so rich? Browsing /biz/ daily? Also why not go out and buy a $45k car? It'd be worth it for the superior safety, right?
>>84730204Probably inherited the majority of his portfolio from a family member or is an oldfag. You dont make that much in investments in even 15 years let alone 10
>>84730204NTA but $1 doubled 20 times becomes over $1 million. That's finding 20 stocks that just double what you put in. Of course as you make gains you can spread you money across various investments.Realistically? When you do pick something good it may well do more than double. That's been my experience, using a combo of metals, stocks and crypto. Was a newbie and didn't know which was "best" in the short-term.>dailyIf you can must the will to do so, you'll likely be successful far faster than me. A few times I would've seen an asset mentioned in a post with an asset I already owned, had I been doing a quick check in the /biz/ archives for news.Even so, by following /biz/'s advice to always "do your own research" instead of just following hype, I bought stuff that multiplied the initial investment by 2, 10, 30, and even spotted how a project I owned a position in dipped (along with the rest of the market) due to a new 'war' breaking out.Because I read up on what they were trying to achieve I had actual reason to believe it would recover. From that dip price it multiplied by 10'000 over the course of a year. So as long as you're keeping an eye out for opportunity, you never know what will do better than even you expect. But if you're not looking at all then 0% chance you'll spot opportunity.We've all carefully looked into stuff before buying throughout our life: a new dish, a fancy gadget, pricey PC part, a vehicle, etc. Really, investing is just spending more time looking into something to assess the likelihood of it doing well.>don't spend what you can't afford to be withoutDo that and even your not so great picks won't harm much, but it also means you'll be able to hold your position in something you're convinced has potential. Diligence and patience leads to gains, which let you take more chances. Doesn't have to be daily, but if you have the will to look around daily you'll likely succeed sooner than I did.
>>84730301so how come you're a retard loser who posts on r9k if you have so much money?
>>8472902615k daily? That sounds like very little for a top 4%er.
>>84730318Friend introduced me to 4chan one day and it's fun to have on the side while enjoying a show. This may not be the ideal board for discussing money matters, but I've had good conversation with people here about tapping into potential and paths they've not considered before. 4chan may have shitposters but it's not all shitposters 24/7. Money doesn't stop stuff you enjoyed from being enjoyable.
>>84728708everyone on 4chan is a crypto gorillionaire
>>84728708I'm well off in the sense that I'm a leech to my parents who are very well off. They have multiple rental properties and are buying the family farm for some reason, IIRC my dad absolutely despises his sister and he's worried that she will just sell it all. He plans to sell everything but the house plus an acre which is just so retarded because this is a multi million dollar deal. I'm just glad they still have enough money left for me to leech lol.
>>84728708My family is rich. I'm not. Trust me, it's not fun at all. It's nice not having to worry about food, housing, utilities, etc. but you constantly have to walk around on eggshells since you can get disowned on a whim for literally any reason at all, and they love to hold this over you. It's not like I have unlimited access to my parents' key word here money for whatever the fuck either. Hell, I don't know of anyone in a similar situation nowadays who does either the dumbfuck families that do spoil their kids like this don't stay rich for very long lmao. Socially, you get nearly all the disadvantages with none of the benefits. Having a rich family doesn't help you make friends since at best people just want to use your parents' money and then they'll turn on your hard when your 1-man-welfare-office's worth of cash runs out either because they spent it all or the family wised up and said no more. Not that I was ever retarded enough to try this that dishonor belongs to my brother who they enable for whatever fucking reason. At worst, and this is increasingly common nowadays, the wannabe champagne socialists infesting the average college campus will use it as an excuse to attack you as the closest "class enemy", and they will likely get away with it since your out of touch family members won't register it as an actual threat until it is too late or they simply won't pay for a lawyer for whatever retarded reason they cook up.
My parents are international school teachers so I went to schools that were leagues out of my parents' budget. And while they were financially well off, the only time that was ever really expressed was when we went on vacations.I didn't get my first phone until I was in highschool and it was my dad's old phone, I never got any incredible birthday gifts, but I think that was good. Right now I live in a mediocre apartment in a dodgy part of the city and spend very little money on anything. Most of what I have is either second hand or second grade. But I'm glad that I didn't grow up extremely spoiled, I see on instagram all my old highschool classmates and how everything for them is about status. The closest thing I've gotten to a vacation trip was in 2024 when I went to visit a friend for a week, sleeping at his place, and using my grandmother's airmiles to pay for it. >being rich is the absence of worrying about moneyInteresting concept, but I think that this is a more Buddhist view of wealth. Rich people constantly worry about money because they constantly spend. My last major purchase was my 300 dollar used laptop that runs like shit but it worries me little. I have rent and food taken care of and am comfy.
>>84731165Rich people constantly worry about money because they want to get richer, simple as.
>>84731178There's that too, I'm just looking at it more from an angle of a uni student as I and my former classmates are.
>>84728708Not me but both of my sisters are>inb4 how did they do itMarried litteral milionaires
>>84731386To follow up on that I am poor but doing relatively ok.
itt a lot of larpers from reddit trying to dictate what wealthy feels like
>>84729481>I'm not sure how money changes people, rich people are just normal chapsThe way money changes people depends entirely on the person. For me (the "kinda rich" guy at the top), I don't think I've changed at all. I still think like a poor person -- my main concern is about the poor and the homeless, and I wish there was a way we could get at least some of the immense wealth in the USA to flow back to them.99% of my money is going to charities once I'm dead, so I consider myself to be just a "steward" of money that's all destined for charity in the future. Therefore, I have a responsibility to preserve the money as much as possible -- which means not spending it on stupid shit for myself. That's not how typical "rich" people think. Then you've got guys like Musk who turn into total fucking assholes because of their money. You can't predict how money will change someone -- rich people have nothing in common except for money.>>84730204>Also why not go out and buy a $45k car?Like I said, I still think like a poor person. My old car is still running fine, and I don't care if people see me driving around in an old car. If I keep that $45k in the stock market for another couple of years, then that could give me another $5k in stock gains, which is another $5k that will then stay in the stock market and grow exponentially until I die -- all for the benefit of some charity decades from now. That's a solid win.>>84730320>15k daily? That sounds like very little for a top 4%er.Let me Google that for you. I typed the following into Gemini AI chat:"If a USA household experiences a median gain or loss each day of $15,000 due to daily stock market fluctuations, what is their estimated percentile of net worth?"Gemini said "98th to 99th percentile".
>>84728708Meh, growing up rich is a cheat code, if you get rich once you're an adult it doesn't mean as much. Also it doesn't help you nearly as much with women as all the redpill guys online say it does.
>>84728708I WANT TO SUCK ON HER FINGERS
>>84730301This is late, but I just wanted to say thank you for the fantastic post robro. Doing the Lord's work.
>>84730103Yeah but the difference is that the person in NYC is going to have a lot more dating options and a better social life than the person in bumfuck southeastern USA. Most people will make that trade.
