Trader lifestyle

Quote from Div_Arb:

Good point, I have never even seen a discussion on scotch or cigars. Not even a discussion on the best firm to go with for fractional jet ownership!
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Net Jets I hear is a good one. It's owned by Warren Buffet. 1 share starts at 416,625 + fees.
 
Quote from AKUMATOTENSHI:

What's the financial securty in luxury items. Most times their resale sucks. The point of having them is to show off. I would rather have a fat bank than a nice what ever. Antiques are a different story at least they hold their value.
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You are still in the 1st stage of wealth buildin


1) to build financial security

2) enough finacial security to splurge
 
ok so maybe some on here dont go all out, but there got to be some things that you like to put your profits into?...maybe a favorite hobby? etc....
 
Quote from startraitor:

Nearly everyone I know who is happy today lives far below their means if they make $45,000,$450,000 or $4,500,000/year.

I also know people who make the same who are all cash poor and pushing on a sting all the time, and some of the most miserable people I know. But they all have a nice watch and read the chase the same demons.
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FANTASTIC POST!

I agree 100%.
 
Quote from cashmoney69:

Traders make lots of money, thats no secret. Even someone making 500.00 a day (130k a year) is comfortable, however I don't ever see any mention of fine luxury items here on ET. I'm not saying I wish people would brag more, but in the three years I've been an ET member, I dont see any threads from people posting such things as:

"Hey whats a better watch?...a Naloni Canova, or Rolex?"......

"I want to buy a condo in Atlanta or NY, in the 5 million dollar range, where can I get the best value for my money?......

" Who here drives a Ferrari or Aston Martin? I want to get one of these for my wife, but cant decide which one she'd like more"
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Probably less than 1% of ET members make the kind of money to needed to have to worry about such things.

So why post when you know that 99% of the members are no where near your league.

It would be different if nearly everyone here made a million+ a year.
 
Quote from cashmoney69:

ok so maybe some on here dont go all out, but there got to be some things that you like to put your profits into?...maybe a favorite hobby? etc....
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I'm into cars :D
 
I think most who make $$$$ trading spend the money (after securing their nest egg). However, there is so much pressure associating with making big money that if it ain't a Ferrari one is buying but Maximma then he actually is a loser to some posting on ET.
Also a lot of serious traders have absolutely no clue about ET and some successful ones stop posting after a while since they are too busy ..... living the live.
I am not one of those who makes tons of money, but this year I was able to go to Europe, and Middle East for two months. Went to the following places: Germany, Czech Rep., Poland, Egypt (twice), Israel (twice), Jordan.... and If I did not have a mortgage, for the money sent to my bank, I could drive a used Ferrari in 2 years.
AND I do not make SERIOUS $$$$$ trading.
 
Quote from Fast_Trader:

I'm into cars :D
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Then tell me what you think about Porsche Cayenne? I have seen some nice deals in the following:

Porsche Cayenne Turbo
WV- the one with 12 cilinders starts with P
:D :D :D
 
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