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Reply to "WaPo on Net Worth"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]"What I find interesting is how incredibly detached from reality this forum is." Speak for yourself. I make $1M/year in my 40s. That's my reality. Others are worth billions. That's theirs. This board isn't detached from reality at all. What makes it great is that there are a lot of highly successful people willing to share info about managing money (and earning it) and I find it helpful and fascinating. [/quote] The poster talking about this forum being detached from reality is correct. Also the overwhelming majority of info shared about "managing money" here is BS. It is not "helpful and fascinating"; most of the time it's textbook what not to do. [/quote] The "textbook what not to do" is exactly what made them successful. Don't you understand that taking more risk sometimes works out? If you don't want to take the risk, you're not on the fastest track, and that's perfectly fine, as long as you don't spit on all the others who made different choices. You can be middle class and happy, but middle class and jealous is not a good look. [/quote] Are you the person supposedly making 1M a year? [b]The posters here are not taking calculated risks and making big and unusual moves to drastically increase their returns. They’re just ignorant [/b]and don’t know anything beyond Ramit Sethi type basic finance info. It’s hilarious that you find this advice helpful and fascinating.[/quote] PP you replied to. No, I am not that poster. I don't know who Ramit is. I agree with the sentence I bolded above. The immense majority of wealthy people on DCUM have no clue how to manage their finances and do tend to waste some of it trying to keep up with their social circle. [/quote] Financial advantage of being a bookish introvert - I don’t care what my social circle is doing and my hobbies are inexpensive. #winning[/quote]
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