Quote from Cutten:
In trading only the paranoid survive. It's a very cyclical business for most. The type that makes a good amount, then blows a chunk of it on bling, is the type that gets washed out in the next market downturn or changing cycle. The more paranoid types will always want to hoard money way more than most - that's why they survive environments like the current one. Just like with one of their trades, they are always looking down at the worst case scenario, not the best. In life, even if you are very rich, you are one bad piece of luck away from the poorhouse. Good risk managers make sure their safety buffer is as big as possible, that way most of the slings & arrows of outrageous fortune can't take them out.
Quote from Cygnus Atratus:
For me it would be upgrading from Jeffrey West shoes (£230) to Berluti (£650 upwards). Went to their Mayfair store, its really nice and they have a back room cigar and whisky lounge. Anyways Jeffrey West seems to be doing the trick with young (17-22) females, so might not need Berluti
http://www.jeffery-west.co.uk/jefferywest/collection.asp?collection=Main_Line_160
Quote from coolweb:
The key to the best traders lifestyle, is to move to a country or city where the cost of living is drastically low. So therefore you can live a million dollar lifestyle at 1/4th of the price.
What took you $100k in expenditurs in NYC mininum, might cost $20k, What cost $200k, might cost $40k.
Servants, Doormen building, 1 block from the Subway to everywhere (so no need for car), Great access to food from around the world, Clubs and entertainment, all for 1/5th of the cost. Buildup several of these places, and live around, fly around, Its how traders really live.
Arbing the cost of living price is taking advantage of the traders advantage.
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When I was single.. around a year ago, I Would be fucking 1 new girl every 2-3 days. All 18-23 hot young women. I splurged on them taking them to fancy restuarnats that only costs $20-50 , which would be around $200 in NYC, I lived in apartments that are 5 star classed , that would be $6000 in NYC for 1k. I Showed them the millionaire lifestyle @ a bargain. I can spend on them without having the spending hurt my bank account while me gaining a power advantage.
Do this all on 5.5% cd interest payments, Lots of fun.
Quote from saxon22:
Had no idea Oklahoma was so much fun.![]()
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On a serious note,since apparently you have already put in the time into researching where those places are, care to share the info?
Quote from coolweb:
The key to the best traders lifestyle, is to move to a country or city where the cost of living is drastically low. So therefore you can live a million dollar lifestyle at 1/4th of the price.
What took you $100k in expenditurs in NYC mininum, might cost $20k, What cost $200k, might cost $40k.
Servants, Doormen building, 1 block from the Subway to everywhere (so no need for car), Great access to food from around the world, Clubs and entertainment, all for 1/5th of the cost. Buildup several of these places, and live around, fly around, Its how traders really live.
Arbing the cost of living price is taking advantage of the traders advantage.
--------
When I was single.. around a year ago, I Would be fucking 1 new girl every 2-3 days. All 18-23 hot young women. I splurged on them taking them to fancy restuarnats that only costs $20-50 , which would be around $200 in NYC, I lived in apartments that are 5 star classed , that would be $6000 in NYC for 1k. I Showed them the millionaire lifestyle @ a bargain. I can spend on them without having the spending hurt my bank account while me gaining a power advantage.
Do this all on 5.5% cd interest payments, Lots of fun.