Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Generational wealth. What's behind the obsession?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]Its rocket ship building. Once you reach a certain point of wealth where your portfolio compounds faster than you need or want to spend you've built a rocket that has achieved escape velocity from problems money can solve. Paycheck to paycheck is living on the ground. A nice bonus is a puddle jumper plane ride. But the pratical definition of "wealth" is a rocket ship, even if it just can carry you into space. Then you think, can I build one to carry my family? Many generations of my family? Can we maintain it and stock it and make it self sustainable forever? But no rocket can last forever. The population of inhabitants will either eventuually grow exponentially and no fuel will be enough, structural issues will emerge and internal and external forces will wear it down. Or the population will dwindle and the rocket eventually dismantled and sold for parts or is an antique inhabited by a paid crew who select people for short rides to space to briefly feel what zero gravity is like.[/quote] Great analogy[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics