would you give it all up to be super rich ??

Quote from taodr:

My kids are very mature. This the real world we are in. I wonder about all these "PROUD" American parents as they watch their sons and daughters boarding transport to the middle east and else where to get slaughtered. Please. Actually you should ask your kids the question you might get a shock if they tell the truth !
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People cannot handle the truth. They prefer to live in dreams.
 
Quote from taodr:

My kids are very mature. This the real world we are in. I wonder about all these "PROUD" American parents as they watch their sons and daughters boarding transport to the middle east and else where to get slaughtered. Please. Actually you should ask your kids the question you might get a shock if they tell the truth !
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I've done my parenting well, so yes I do know what they would say and it would not surprise me. If they're boarding a transport then it was their decision and I would be scared shi$less watching them go, not proud.
 
Money cant buy you happyness, but it can buy you a yacht that will bring you with in swimming distance. I cant remember who said that, I did not come up with it myself though.

Anyway, to the question Id toss off most of my family for free, but the ones Im close to Im very close to so Id have to say no.
 
Quote from harrytrader:

No without hesitation but I suppose it depends on the family and friends you have. And it's not only a question of family or friends it's also a question of staying yourself. I have refused in the past some affairs or connections which would give me access to great opportunities in business but these people suck and I don't want to commit with them. Also I don't see why you can't reach 50-100 millions without sacrifying your family - as for "friends" I am reserving the term as I choose them very carefully: I don't label somebody as friend easily only after at least 10 years of moral commitment.
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Could not agree with this more... there's no better feeling than booting a wealthy asshole from a fund after he harangues my secretary (I had her send him a copy of Ms. Manners). My sister-in-law collects Christmas cards like trophies, yet nobody can stand to be around the hag.

Your definition of a true friend is spot on, and one can grow to love friends more than family. Surrounding yourself with great people is empowering.
 
There's at least one thing I've learned, and that is wives come and go, same with kids, same with whole family's.
I would take the money and be out of town in a heartbeat.

After all the time I've already spent on this earth, all my wealth is in my memories of my experiences from exploration of life, and the only way to add to that wealth is to explore the unknown.
Otherwise its stagnation
 
Of course - in your new life you would also have family, friends, and develop a past etc. They would just be different to the ones you have now.

Personally I would wait until I was quite old and then do it :D
 
Quote from jamus:

Thre is more to life than riches...Without trying to sound too negative, how may people on their death beds look back and think of the money they should have made or the points they made trading the s & p? At that moment its the time one spent with their loved ones, family or friends that means the most. How many people would rather have spent more time seeing their kids grow, spent more time with the Mrs (or whoever) as opposed to slaving for the corporate world, or being consumed by the rat race? You only get one life in this world and a balance between family and money should be what one should strive for, all the time reflecting on those true words that 'The best things in life are free'
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The point is that, rather than slaving away to make $50 million (or however much you think is "enough" to retire on), you can forget entirely about money and enjoy your life doing what the hell you like. You have virtually no constraints on your time. Whereas if you have to keep working then you effectively *waste* years of your life (which are then gone forever) whilst accumulating enough money to retire on.

Basically I would require less to retire on, but I would much rather have it immediately than have to work the 5-7 years I think it will take. And IMO 5-7 years of my life is pretty darn valuable.

Remember, there are lots of people out there who will become your friends, girlfriends, wives etc if that's what you are interested in. But once a year of your life has passed, it ain't coming back. Friends are important but they're not as important as me.
 
Quote from marketsurfer:

here is a hypothetical question that i am interested to hear your views on :

would you walk away from everything-- your past, your family, your friends, etc. to start your life again, IF by doing so you would be very very wealthy--50-100 million dollars liquid ??? remember, once you make the decision, you can NEVER reverse it and go back.


thanks !

surfer :)
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Great question Marketsurfer! However it may be too dependent, as another trader indicated, upon the quality of what you walked away from.

Money can be exchanged for a lot of things: Love and honesty it cannot buy.

If you do not need nor want these, then yes by all means the trade would be worth it.

ol
 
Quote from overload:

Great question Marketsurfer! However it may be too dependent, as another trader indicated, upon the quality of what you walked away from.

Money can be exchanged for a lot of things: Love and honesty it cannot buy.

If you do not need nor want these, then yes by all means the trade would be worth it.

ol
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thanks, ol. health is a critical factor money can not buy. i can think of few worst fates than not being healthy.

surfer:)
 
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