Are you living the "good life" with $10 million?

That was truely well said.

Quote from saxon22:

The point is if you got plans, dreams then the money will let you achieve them. However, if your life is empty now because you are empty, then 10 or 100 mil is not going to change that, hence people who are rich,or well off and unhappy, stating money ain't all that. It is not the money that is making them into miserable and depressed fucks, it is them.
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I think that woman simply wants to appear humble and not flaunt her wealth on TV as that would be unseemly in times like this. Deep down she probably understands she is rich.
 
I don't know anybody aspiring to live in hoboken....

Even Queens or Long island, You get SPACE (single family homes with backyards) while being near the city.
 
Quote from saxon22:


8. Go and be a part of Paris - Dakar Rally. Better do the same race on your own albeit slower,much slower.
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Better buy a time machine with that 10mm.
 
2009 will be a non event year as far as the rally goes, here is why:



2008: Security as a priority

After the murder of four French citizens and three Mauritanian soldiers in the previous days before the start and answering the strong recommendation of the French Ministry for Foreign affairs not to go to Mauritania, the 2008 edition of the rally was cancelled. Terrorist acts identified by the French authorities threatened the rally directly. On the eve of the start, Étienne Lavigne was forced to announce the cancellation of the 2008 edition. The competitors gathered in Lisbon for scrutineering had to deal with the shock and saluted the responsible decision of the organisers. Three weeks later (Friday the 1st of February) a terror attack in the heart of Nouakchott confirmed the judiciousness of applying the precaution principle.

Too bad.
 
everyone wants to become rich.........only to realize that riches doesn't always necessarily bring 'happiness' with it.

A close relative of mine worked hard over the past 20 years, has net worth over 5M+, went thru a divorce and suffered thru some other misfortunes. he describes himself as, "yeah I've got the money, but my life is in a shithole."

granted that I'm in the game for the money, if I can make a comfortable living, I want to be a good trader in a long run.
 
I'm content with my cracker-box apt :D

Do the REAL traders live it up big? Yes, some...but many not so much.

10 million is more than enough to live off of. Come on. Do you REALLY need the new yacht or 16 lambos in the historic 15mil$ mansion? Nahhhh.

Even 1 million is the good life depending on who you talk to.
 
I just can't read this whole thread, as I'm sure I'd either laugh my ass off or keel over dead with the foolishness. My family lives off ~76,000 a year and I think it's nuts all the stupid crap we spend money on. $10,000 of that is private education. I put away as much each year for retirement and the wifes job will be another source of income in retirement. $10,000,000, piece of cake without working another day. I feel pretty comfortable saying I could get at least 3% near risk free, most likely more over time and have no problem living off the interest, including medical emergencies. I guess it depends on how you feel you have to live your life.
All that said I always have as a goal to crank the income more each year and I do have a few toys in mind to piss away money myself.
 
Quote from saxon22:

The point is if you got plans, dreams then the money will let you achieve them. However, if your life is empty now because you are empty, then 10 or 100 mil is not going to change that, hence people who are rich,or well off and unhappy, stating money ain't all that. It is not the money that is making them into miserable and depressed fucks, it is them.
More...

In many cases, money makes you less likely to achieve dreams, not more. One aspect of achievement is drive and ambition, the feeling of wanting it all and having nothing to lose - once you have money, a lot of that fades away as you get comfortable. Besides, many dreams - such as EVERY SINGLE ONE on your list - are achievable without money (at least, without you needing your own).

In addition, without extreme luck, making money is hard and requires sacrifices, and will detract from other non-monetary aspects of your life like friends, family, hobbies, culture & arts etc. That's why so many rich people spend a lot on art and charity, it's to pretend to themselves that they have something meaningful going on except their wallets. In most cases, they don't.

Another aspect of having money is that you find out your "dreams" (stereotype "lottery list" stuff that people make - like yours on that post here) are often rather shallow and empty and don't produce much real satisfaction. The ones that *are* satisfying generally don't require money to pursue - they require passion, ambition, dedication, and other qualities that money cannot buy.

Remember, many people have got to the position of making a lot of money, enough to retire. And many people have studied them. The near-universal conclusion is that whilst having money is nice and frees you from certain worries, it does *not* make you happy. It is merely a little extra bonus, other things being equal. There are numerous other factors that are much, much more important than having money, and they can be achieved in most cases more easily.
 
Quote from Cutten:

In many cases, money makes you less likely to achieve dreams, not more. One aspect of achievement is drive and ambition, the feeling of wanting it all and having nothing to lose - once you have money, a lot of that fades away as you get comfortable. Besides, many dreams - such as EVERY SINGLE ONE on your list - are achievable without money (at least, without you needing your own).

In addition, without extreme luck, making money is hard and requires sacrifices, and will detract from other non-monetary aspects of your life like friends, family, hobbies, culture & arts etc. That's why so many rich people spend a lot on art and charity, it's to pretend to themselves that they have something meaningful going on except their wallets. In most cases, they don't.

Another aspect of having money is that you find out your "dreams" (stereotype "lottery list" stuff that people make - like yours on that post here) are often rather shallow and empty and don't produce much real satisfaction. The ones that *are* satisfying generally don't require money to pursue - they require passion, ambition, dedication, and other qualities that money cannot buy.

Remember, many people have got to the position of making a lot of money, enough to retire. And many people have studied them. The near-universal conclusion is that whilst having money is nice and frees you from certain worries, it does *not* make you happy. It is merely a little extra bonus, other things being equal. There are numerous other factors that are much, much more important than having money, and they can be achieved in most cases more easily.
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You are missing the point. I want to get comfortable and start doing what makes me happy in life (see the list).
As for not needing the $$$ to do things mentioned on my list, please tell me how to achieve them without $$$$.

As for universal conclusions, I was never a fan of accepted dogmas and always preferred to think for myself.
So this is what I came up with: money will not bring you happiness but it could enhance it. If you are a sore individual, money will not change you. If you had a vibrant life, money will only make it more stimulating. Get it?

Example: I spent 2 months vacationing (actually 4, but the other 2 were devoted to family) in the Middle East and Europe. If I had the means I would have done exactly the same thing but instead of staying in a 3 star hotel, I would have made myself comfortable in a 5 star. Would have rented a better car, gave bigger tips, and spent more on meals in better establishments. Would have used air transportation more often and had restrained my wife less when it came to purchasing jewelry.
Now, do you see the power of $$$$? it is to enhance your life style and not to change your mental state.
 
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