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How much money would make you happy?
- Thread starter mpw
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Just ask america's favorite cash fool Jack Whittaker.dsnort said:
250k in cash and a long string of stip clubs ...
Of course, some cheap hookers probably would have been a better investment. A little money for drugs every now and then, and soon they will be working for you.
It depends on what I spend it on. If it's on status symbols like a kickass watch, an awesome car, or a bigger house, I'd only be happy for so long. If it's spent on vacations to all of those places I've always wanted to travel to, trying out every restaurant possible in my city, or on donating to charity, I'll be happy with as much as I can get.
amateurmacfreak said:
Sure it can. It is a means to and end which can bring joy to you and others.
35,000 would do me for life.
With that amount of money i could get land, building materials and a couple solar pannels and other stuff. i seen a house built on this budget on grand designs it turned out so well and the solar pannels provide enough charge for a lcd tv and a laptop(read imac). dont need millions for cars and stuff, i've got a bike that dose me to get to work and back, and im not worried about hunting for food, been there done that had a good meal outa it.. I also have a large collection of books so add 1000 to for the libuarry extenstion.
With that amount of money i could get land, building materials and a couple solar pannels and other stuff. i seen a house built on this budget on grand designs it turned out so well and the solar pannels provide enough charge for a lcd tv and a laptop(read imac). dont need millions for cars and stuff, i've got a bike that dose me to get to work and back, and im not worried about hunting for food, been there done that had a good meal outa it.
. I also have a large collection of books so add 1000 to for the libuarry extenstion.well.. not like i'm unhappy at the moment, but an extra grand a month (after tax) would be a mighty GRIN on my face
might be able to afford a decent deposit on a new house / save more for kid and finally get the av system setup at home the way i want.
also allow me to keep up with Apple
might be able to afford a decent deposit on a new house / save more for kid and finally get the av system setup at home the way i want.
also allow me to keep up with Apple
infinite
realistically a $70k-80k salary (50k-60k USD) would be awesome. Thatd give me a great place to live, some good vehicles to go around in, and a sweet computer setup
realistically a $70k-80k salary (50k-60k USD) would be awesome. Thatd give me a great place to live, some good vehicles to go around in, and a sweet computer setup
The Mad Kiwi said:
You do raise some good points but for the following reasons I think $5 million is my minimum entry point.
1) 5% is a conservative estimate for growth, if invested wisely 7%-10% could be seen which would provide some buffer for inflation.
2) I didn't say I would stop working, probably just work half or 3/4 time since I kind of like my job, and knowing I don't need the job makes it even less stressful.
3) Where I live more house than we would ever need would currently run $300-400K.
4) Let's say I have 2 kids and through investing/working we manage to keep the original $5 million intact. Ok, yes, each only gets half of a good house, but guess what, they also inherit the house we were living in... so now each child has a good house.
I'm not saying I would turn down more but if I ran into an eccentric billionaire doing this for as many people as he can I'd probably only ask for the $5 million (after taxes of course) to enable him to spread the wealth to as many people as he can (hopefully he's running some sort of screening to find other reasonable people like me otherwise I might be tempted to take it all and do the screening myself).
If you want to prove me wrong send me $5 million dollars and contact me in 20 years to see if I am keeping ahead of inflation. If not you can proudly claim you proved me wrong.
If we're on twos the either £20bn or just an additional £200K. It takes serious amounts of cash to be truly rich these days, so I'd rather be stinking rich or just a tad better off than I am now.
ziwi said:
Yeah I agree. Me and my partner were broke for most of the start of our relationship (both doing PhDs then bottom rung of the employment ladder). Financially I'd say we're rich enough these days without our jobs interfering with our quality of life.
Also no amount of money will fix the genetic illness that I suffer from (Cystic Fibrosis). That fact alone changes my priorities in life away from the persuit of cold hard cash.