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][quote=Anonymous][quote=Anonymous]If $5-10 million is all you need to get what you need in life that's great.  It is a blessing to be content with what you have.  For others, their goals require more than $10 million.  That's ok too.[/quote]

That’s fine but they need to own that and not go around claiming that 5-10 million isn’t a lot of money to MOST people. You just sound like an ignorant jack ass when you do that.

You know the vast majority of the population (meaning ~ 95-98% of the population) will never accumulate 5-10 million dollars, right? [/quote]

Most people are poor, yes, but among high IQ individuals I would think 5-10M is pretty normal.[/quote]

I do agree that most people I know with a high net worth seem to be very intelligent people.  At the same time, over the years, I have also met a lot of very intelligent people who do not have wealth.  That is for a variety of reasons - marrying someone with bad habits, developing bad habits yourself, staying loyal to an employer who does not pay you for your worth, not pushing to advance at work (perhaps because you're waiting to be asked), having some bad luck.  (I have a good friend who is brilliant, and is totally undercompensated as an architect in a VHCOL area.  It does not seem to bother her at all, and she seems very content with life, but I would love for her to be able to do a nice trip or buy a bigger home.)
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