airdvr 210 #151 February 21, 2020 I think his point is "what type of person would you be if you felt the need to aquire billions of dollars in personal wealth?" Seems on the political front that's all we get to choose from anymore. Quote Share this post Link to post Share on other sites
kallend 2,027 #152 February 21, 2020 6 minutes ago, airdvr said: I think his point is "what type of person would you be if you felt the need to aquire billions of dollars in personal wealth?" Seems on the political front that's all we get to choose from anymore. That may apply to the likes of Trump who clearly considers wealth to be a measure of the value of a person. I don't think Gates, Jobs, Bezos or Musk set out with the primary goal of amassing a fortune. Quote Share this post Link to post Share on other sites
turtlespeed 220 #153 February 21, 2020 17 minutes ago, kallend said: That may apply to the likes of Trump who clearly considers wealth to be a measure of the value of a person. I don't think Gates, Jobs, Bezos or Musk set out with the primary goal of amassing a fortune. Bloomberg wasn't mentioned - and I believe that was on purpose. The 4 you mentioned aren't running for office. B-berg obviously was, and is, out for wealth. If there was a mirror - Trump could look in and see Bloomberg looking back. Quote Share this post Link to post Share on other sites
kallend 2,027 #154 February 21, 2020 1 hour ago, turtlespeed said: Bloomberg wasn't mentioned - and I believe that was on purpose. The 4 you mentioned aren't running for office. B-berg obviously was, and is, out for wealth. If there was a mirror - Trump could look in and see Bloomberg looking back. "First do no harm". I'd vote for Jobs before I'd vote for Trump. Quote Share this post Link to post Share on other sites
turtlespeed 220 #155 February 21, 2020 33 minutes ago, kallend said: "First do no harm". I'd vote for Jobs before I'd vote for Trump. A vote for B-berg is a vote for trump. Quote Share this post Link to post Share on other sites
airdvr 210 #156 February 21, 2020 1 hour ago, kallend said: "First do no harm". I'd vote for Jobs before I'd vote for Trump. Jobs was a twisted cruel fucktard. Quote Share this post Link to post Share on other sites
turtlespeed 220 #157 February 21, 2020 13 minutes ago, airdvr said: Jobs was a twisted cruel fucktard. So? He could be Satan incarnate. He isn't Trump - soooooo . . . Quote Share this post Link to post Share on other sites
normiss 800 #158 February 21, 2020 2 hours ago, turtlespeed said: Bloomberg wasn't mentioned - and I believe that was on purpose. The 4 you mentioned aren't running for office. B-berg obviously was, and is, out for wealth. If there was a mirror - Trump could look in and see Bloomberg looking back. Except that Bloomberg actually earned and personally made his riches. He created his company and built it, all from a middle class start. That mirror has never seen Trump's face. Non-stop flow of misinformation and disinformation is killing me! Quote Share this post Link to post Share on other sites
billvon 2,991 #159 February 21, 2020 3 hours ago, airdvr said: I think his point is "what type of person would you be if you felt the need to aquire billions of dollars in personal wealth?" A rich and successful one. Which means you must . . . hate him? Quote Share this post Link to post Share on other sites
airdvr 210 #160 February 21, 2020 17 minutes ago, billvon said: A rich and successful one. Which means you must . . . hate him? Not hate...why does it always have to be so extreme. I question what motivates someone to aquire that much wealth...more than could possibly be spent in a lifetime of hookers and blow. I think it's somewhat of a character flaw. Greed doesn't really explain it. It's beyond that. Quote Share this post Link to post Share on other sites
turtlespeed 220 #161 February 21, 2020 53 minutes ago, airdvr said: Not hate...why does it always have to be so extreme. Because - "If you aren't with us, You're against us." Now get your ass in lockstep! Quote Share this post Link to post Share on other sites
jakee 1,489 #162 February 21, 2020 9 hours ago, turtlespeed said: NO ONE - should be that rich. Now you've just circled back to the beginning without addressing anything I've said. Maybe try again when you've thought things through. Quote Share this post Link to post Share on other sites
billvon 2,991 #163 February 22, 2020 On 2/21/2020 at 10:08 AM, airdvr said: Not hate...why does it always have to be so extreme. You just called a rich guy a "twisted cruel fucktard" and you are now asking why people say extreme things? Quote I question what motivates someone to aquire that much wealth...more than could possibly be spent in a lifetime of hookers and blow. Perhaps some people have priorities beyond hookers and blow? Quote Share this post Link to post Share on other sites
airdvr 210 #164 February 22, 2020 Doesn't mean all rich guys are...just some. Quote Share this post Link to post Share on other sites
sfzombie13 324 #165 February 23, 2020 16 hours ago, billvon said: Perhaps some people have priorities beyond hookers and blow? not really, it's a symptom of a psychological problem similar to hoarding. i read a study on it a few years ago while studying for a thesis. it wasn't part of the topic so i don't have it saved, it was one of the sidetracks i always end up on when researching. shouldn't be too hard to confirm though. Quote Share this post Link to post Share on other sites
JoeWeber 2,720 #166 February 23, 2020 On 2/20/2020 at 1:12 PM, turtlespeed said: Yes - BUT . . . and here is where that kind of thinking an mine differ . . . I wouldn't amass that much. I will keep enough that my holdings are just 3% above self sustaining, along with a moderate lifestyle. I don't need 3 houses, or two houses and summer camp. (Only for rentals and real estate investment) I will have enough to give my daughter a nice nest egg when I'm gone. ( Not more than she can currently earn in 5 years.) She will have to work for her way in life. Everything else will be split between 4 charities I currently contribute to. Poverty is a condition, not a virtue. When you have little money it means food and shelter. When you have wealth that can withstand a periodic disruption of your income stream or the lessening in real value of your holdings it becomes less like a thing and more like a battery that stores opportunity. For me that means experiences, travel and learning new things, for others it means rocket ships. It's good for all of us that our system makes both possible. I never aspired to amass generational wealth but I have always had a laser like focus on not being old and poor no matter what happens and with no reliance on a government program. To me that's enough. Quote Share this post Link to post Share on other sites
turtlespeed 220 #167 February 23, 2020 49 minutes ago, JoeWeber said: I never aspired to amass generational wealth but I have always had a laser like focus on not being old and poor no matter what happens and with no reliance on a government program. To me that's enough. I think you and I agree on that. Would you say that will take you - say, what 100Million? Quote Share this post Link to post Share on other sites
JoeWeber 2,720 #168 February 23, 2020 41 minutes ago, turtlespeed said: I think you and I agree on that. Would you say that will take you - say, what 100Million? Are you seriously asking or simply seriously wanting? Quote Share this post Link to post Share on other sites
turtlespeed 220 #169 February 24, 2020 11 hours ago, JoeWeber said: Are you seriously asking or simply seriously wanting? I suppose I'm trying to get to what the level of not needing government assistance looks like to you. Quote Share this post Link to post Share on other sites
billvon 2,991 #170 February 24, 2020 15 hours ago, sfzombie13 said: not really, it's a symptom of a psychological problem similar to hoarding. So you are saying that the only reason people want lots of money is for hookers and blow (or similarly banal pursuits) and no one has higher aspirations for their money? Wow. I am glad there are people who don't hold that opinion; if you thought about it, you would be too. Quote Share this post Link to post Share on other sites
JoeWeber 2,720 #171 February 24, 2020 9 hours ago, turtlespeed said: I suppose I'm trying to get to what the level of not needing government assistance looks like to you. Let's start with you. How much are 5 years of your daughters current wages? Quote Share this post Link to post Share on other sites
turtlespeed 220 #172 February 24, 2020 1 hour ago, JoeWeber said: Let's start with you. How much are 5 years of your daughters current wages? roughly 250K Quote Share this post Link to post Share on other sites
JoeWeber 2,720 #173 February 24, 2020 4 minutes ago, turtlespeed said: roughly 250K O.K., to me that is the base minimum to protect one family member from a health catastrophe if the member has health insurance. That money would never be touched. So a couple would need $500K stashed, minimum. To that start adding a certain number of years living expenses. To that add whatever amount of money you'd need for those life's pleasures that are important to you. I wouldn't add any expected income from the money. That should get you to your number, mine might be different. Quote Share this post Link to post Share on other sites
turtlespeed 220 #174 February 24, 2020 8 minutes ago, JoeWeber said: O.K., to me that is the base minimum to protect one family member from a health catastrophe if the member has health insurance. That money would never be touched. So a couple would need $500K stashed, minimum. To that start adding a certain number of years living expenses. To that add whatever amount of money you'd need for those life's pleasures that are important to you. I wouldn't add any expected income from the money. That should get you to your number, mine might be different. I'm working on getting those goals achieved. This is just the amount, after expected taxes, that I think I should leave for my daughter when I pass. This will likely change as economic changes are realized. Quote Share this post Link to post Share on other sites
JoeWeber 2,720 #175 February 24, 2020 39 minutes ago, turtlespeed said: I'm working on getting those goals achieved. This is just the amount, after expected taxes, that I think I should leave for my daughter when I pass. This will likely change as economic changes are realized. It's your loot but at that level I'd leave her the whole pile. Or maybe split it 50/50 so she'll remember you. Half in cash and half in Tuba lessons. Quote Share this post Link to post Share on other sites
