Reply to "$5 Million is a Nightmare... the Poorest Rich Person in America."

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Reply to ""$5 Million is a Nightmare... the Poorest Rich Person in America.""

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[quote=Anonymous][quote=Anonymous][b]LOL - Hong Kong and Singapore are 100x safer (by any metric) than any place in the US![/b]

[quote=Anonymous][quote=Anonymous][quote=Anonymous]Not a problem I have encountered yet, but anecdotally, it seems like everyone thinks they are about 20% more money from being set.  But then you get the 20% more, and there is lifestyle creep, and you realize if you had just another 20% you could not worry about X...and it continues.

It actually brings me comfort to think about the fact that most of the rich people who (to me) seem to have it made are still trying to get more money to keep up with the richer Joneses.[/quote]

Well, if they think they need 20% more, they’re wrong. We’ll finally clear $200,000 this year and we have enough. My friend just got out of homelessness, and she’s really opened my eyes. We don’t need vacations, more than ten sets of clothes, or new cars. Befriending a homeless person has been the best thing to happen to our finances, ever. [/quote]
It's interesting how parochial a lot of folks in the DC area are.  There are people who travel all over the world while working at State, USAID, the intelligence agencies, armed forces and there are lawyers that mainly have local clients or at the large city hubs in this country.  You can talk to the homeless here but seeing the slums in Africa, India, Indonesia and really unstable, dangerous places in Central America and Haiti gives you a perspective of the not just the wealth, but also the safety and security that we all enjoy and take for granted.  Would I want to be a millionaire in Hong Kong or Singapore?  It wouldn't be a bad life but the risk of me or a family member being kidnapped would keep me awake at night and would lead me to have my family stay stateside while I work overseas.

You can live in a place that is poorer, less stable and safe and still be driven to earn your potential no matter where you live.  I think one of the great things about our country is how few obstacles there are to working to your full earning potential, relatively speaking.  Try that and see the headwinds in places like central Africa.[/quote][/quote]

Exactly!  And even a country like India (where PP talks about slums) has a lot less random violence.  You WILL NOT get randomly shot to death attending elementary school, going to a disco, attending a concert or going to church.  Nor will you get mugged on a busy street or pushed onto a railway tracks in a big city by people the police handle with kid gloves.  Everyone has bubbles (which you learn to stay within) and they are quite large.  For example, you wouldn't want to be a stranger wearing flashy jewellery walking around in the middle of a 'slum' at midnight.  But you can go there all you want if you know people there.

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