Ramit Sethi of “I Will Teach You to be Rich” reads this forum for a good laugh

[Anonymous]

Anonymous wrote:Ha, I'm OP of the thread about his tv show. It was great.

Has a link to that thread been posted? I'm curious!

[Anonymous]

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Anonymous wrote:Joke’s on Ramit. Who believes that someone worth $30 million is going to be whining on an Internet forum?

There is someone here who posts not infrequently who reports having a NW OF $30 million or thereabouts and also talks about a lot of donations to charity. They may also have said they are not rich enough to fly private.

There was a poster on here who said they have a $6B (B as in billion) IRA.

I mean, I can come on here and say I’m
the Princess of Wales.

But you’d be lying, because I am the Princess of Wales.

Sorry gang, my daughter claims to be the Princess of Whales and I know she’s not posting here.

Have you put her on a diet yet?

It's 2023, body positivity bay-be

F no. Get your arse on a treadmill.

[Anonymous]

I never lie about my income (400K plus HHI) and we are not the wealthy ones on our block. We are a double fed family. I just don’t think most posters are that far fetched, this forum just draws from a well off community.

Also, rich and famous people have down time too and many of them (not all) like normal crap just like the rest of us.

There is this idea that people worth 30 Million would never post and fill their time more productively than most. I don’t know if they post here (suspect not) but I know at least three different people/couples with net worth above 50M they are as normal as anybody.

[Anonymous]

Anonymous wrote:What a dumb comment. There are thousands of people who use this site. Some percentage of them are mentally ill. For Some percentage of those, their illness manifests in a pathological inability to enjoy the money they’ve earned (or inherited but mostly I think this is found among people who earned it).

If I was gojng to generalize, I would say that of anything the DCUM group tends to spending money they should not. Like people who have a six figure income who are gojng to rosewood Mayakoba and buying $3 million houses. Most of the folks on this site spend their money.

I’m also of the mind that I basically could have all the money in the world and I still wouldn’t fly private unless there was some very good reason like personal security concerns or a difficult to access destination. We have millions and I’d rather give it away to a good cause then waste money on things like that. And it Ramit thinks that’s laughable, he can stuff it!

Agreed, and I'd estimate that percentage as above 50%. For some reason this place attracts the worst, most crazy people in the world

[Anonymous]

https://www.theatlantic.com/family/archive/20...rarchy-needs/620950/

It's deeper anxieties playing out in the form of financial anxiety, even if you're justifiably more financially secure than 90-95% of the country.

However, I am someone who graduated college around the time of the 2009 recession and had just hit my professional stride when COVID-19 hit. I think people my age have a lot of trauma related to financial instability, whether it's real or feared. We always feel like we don't know when the other shoe is going to drop.

[Anonymous]

Anonymous wrote:This assumes most of the posts in the financial forum of DCUM are factual especially when people post about their net worth or HHI. However, I’m hear to tell you most of the posts on this board are highly exaggerated or just plain false.

You’re just envious bc I am the Princess of Wales. Simmer down.

[Anonymous]

Anonymous wrote:I never lie about my income (400K plus HHI) and we are not the wealthy ones on our block. We are a double fed family. I just don’t think most posters are that far fetched, this forum just draws from a well off community.

Also, rich and famous people have down time too and many of them (not all) like normal crap just like the rest of us.

There is this idea that people worth 30 Million would never post and fill their time more productively than most. I don’t know if they post here (suspect not) but I know at least three different people/couples with net worth above 50M they are as normal as anybody.

+1, Our HHI is 600K-700K and we are not even in DC, we are in Austin which is lower COL. I know multiple families in our neighborhood with $900K-$1.5M houses that have a HHI closer to $1M, if not above it. They still send their kids to the same public school where my kids study. They just bought early and their careers shot up, and felt no need to upgrade homes or send kids to private. The only reason I can estimate their HHI, because they work in my company and are at SVP level vs me and my DH at mid-management director level. They are just normal people, and I run into them sometimes buying Panera Tuesday bagel special.

I don't think a lot of posters are that far fetched. If we were making this income just a few years earlier and avoided some stupid financial mistakes, we would also be on a different trajectory net worth wise.

[Anonymous]

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forums where ultra high net worth people

What are the other forums?

r/FatFire

I’m on there too.
Btw I’m (one) if the $30m NW posters. Have paid for long haul private on our own in a Citation only once.
Bum free rides off friends several times.

Yes we are here too. Can’t ask these things in real life.

Can’t you ask people in your circle these things?

[Anonymous]

Anonymous wrote:I never lie about my income (400K plus HHI) and we are not the wealthy ones on our block. We are a double fed family. I just don’t think most posters are that far fetched, this forum just draws from a well off community.

Also, rich and famous people have down time too and many of them (not all) like normal crap just like the rest of us.

There is this idea that people worth 30 Million would never post and fill their time more productively than most. I don’t know if they post here (suspect not) but I know at least three different people/couples with net worth above 50M they are as normal as anybody.

I’m worth a lot (more than ($15 million)); bored. In process of retiring from 22 year career…
So that’s why I’m here.

[Anonymous]

Anonymous wrote:Most people who post here are lying. Everyone knows that. That’s what makes it funny to read.

Not true. All these people could post a snip-it of their mint, personal capital etc accounts - that'd shut you up and it wouldn't even be the full picture.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Most people who post here are lying. Everyone knows that. That’s what makes it funny to read.

Not true. All these people could post a snip-it of their mint, personal capital etc accounts - that'd shut you up and it wouldn't even be the full picture.

NP. Great. Shut us up by posting those snippets. I wanna see.

[FPYCparent]

Fine. Turned 48 earlier this year. Salary below SSWB (like 5-figures lower). Here are my retirement/investment accounts (down from a peak of $3.25M at the start of 2022) :

Personal Capital snippet (as of this morning)

FWIW, it's not easy to attach an image here, so I'm using Google Drive.

Spouse (also turning 48) currently earns about $70K+ more but doesn't have as much already saved for retirement. So, that's sub-$350K HHI. Meh 40-year-old SFH (bought for $500K, recently assessed by locality at $660K, still owe slightly more than half of assessed).

[Anonymous]

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Anonymous wrote:As someone who has a lot of mutual friends and acquaintances, he's a d*ck.

Tell us more! I enjoy his podcast but am not terribly surprised to hear this.

I think pp was talking about Peter Thiel.

But that was common knowledge? Hello Hulk Hogan et al

[Anonymous]

Oyy Ramit!! Kee haal hai?

[Anonymous]

Anonymous wrote:I enjoyed the thread where an OP was looking for tips on how to convince her DH not to take a new job he wanted at a startup because they only had $5m in the bank as a cushion if it didn't work out.

I also like the threads where people with mid- or high-six figure incomes say they can't afford to pay someone to clean their house or do their yard work.

And the majority told her not to let him!