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Posts by Lighthouse

Quote: Originally Posted by Don Carlos In this sense, no, trying to maximize a corporate salary and squirrel away as much money as you can save over 30+ years is not going to make you wealthy. If you want to become really wealthy, you need to take risk and work your ass off to realize the return on that risk. OK. This is what I am kind of driving at. Is "Get Rich Quick" a fool's errand?
Quote: Originally Posted by Don Carlos A former titan of my particular industry put it this way: "Nobody ever got rich off a salary. No matter how high the salary." If you want to get rich -- I mean fuck-you-money rich -- then you need to own something. That can be real property, it can be intellectual property, it can be a company, it can be a monetized idea, it can be patents, it can be a personal brand, it can be privileged access to something...
Quote: Originally Posted by bringusingoodale I thought middle class was just a euphemism for working class with too many credit cards. Good point. But let's assume that its the pre-2005 middle class. No credit card debt, buys cars rather than lease, changes own oil, no hired help, buys store brands, maxes 401K. I often wonder whether such concern over conserving what I do earn is preventing me from a whole new level of prosperity. I like...
Quote: Originally Posted by munchausen You're going to get a lot of argument by saying people making 500k are "wealthy" I guess I would be pretty comfortable at that stage, in terms of vacations, college for kids, nice car, maybe a jet ski or two, and good steaks to grill.
Middle class family man sees money as something to save, to place in safe investments. He reduces risk, is cautious, does not spend on luxury items. Rich man sees money as a means to an end, not the end. A tool. You win some, you lose some. It takes money to make money. Risk is opportunity. Throw into the mix, The Millionaire Next Door (middle class value system) vs. the hustler MLM Ponzi get rich quick guy, some of whom actually get rich. Probability-wise,...
Keep your kids in your custody. And keep them out of all boys schools because all those wacky hormones will find an outlet, one way or another. That there is anything wrong with that.
Quote: Originally Posted by voxsartoria Am I correct in concluding after all these pages and a period of thread dormancy that the definition of the word "prestige" in this thread is (1) that which makes a bourgeois and/or immigrant parent feel that they have finally bested other bourgeois and/or immigrant parents and/or (2) that which gives a graduate population a marginal statistical advantage over a competing graduate population for financial, legal,...
^^^ Me too. These types of films must be seen with an open mind. Malick is an interesting cat.
Answer is 7.
I was born in 1856.
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