Topic: Is wealth boring? - page 7. (Read 7327 times)

All I'm getting from this thread is that there's a lot of people in the world who, by their own admission, should not be in charge of a great deal of wealth as they'd have no idea what to do with it (or even how they'd have it in the first place, somehow ignoring the whole process of getting the wealth just to "sit in a meadow and meditate" at the end like there's nothing left to do in the world, like there's no problems left to be solved.)

Your wealth represents your stake in life, how much influence you hold over the direction of the world; having very little wealth means having very little influence, and vice versa with a lot of wealth (assuming we're not strictly referring to material wealth alone of course, there is wealth in everything from character to skill to relationships.)  You know all those hours you spend fulfilling the desires of others?  That's what wealth can do for you: those who know how to allocate their wealth intelligently can build their wealth to great numbers (i.e. operate successful businesses), whereas those who can't expend their wealth to any good wind up going broke (wealth gets released to people who are better at allocating it, or perhaps just as bad, inevitably winding up in the hands of the better allocator).  Those who know how to allocate their wealth reasonably also happen to be very good at producing action (usually desirable but sometimes not in the case of political spenders esp.), it's how they get so rich to begin with (pursuing goals and dreams rather than sitting in meadows and meditating).  In other words, those who seek great wealth also seek great action, which means the wealthiest are, consequently, the most active in the world, spurring action far greater than they could ever produce alone.

Having so much stake in the direction the world moves (combined with a drive to produce action, mind you), considering competitors who would want you financially crushed or even dead, protecting your stake from poor investment or straight-up theft (see: modern government), there's nothing boring about it: it is true freedom.  Being the person who does nothing but bring someone else's dreams to life, that is the boring existence.  Those who think wealth is boring are completely delusional, and probably themselves lacking in any substantial wealth for if they can't see anything to do with a great deal of wealth, they surely cannot see what to do with even a little.

TL;DR thread is secretly a poll to see who will succeed in life and who will complain about the successors and perhaps subsequently demand repentance for the injustice of inequality


They say if you put this conversation close to your ear, you can actually hear the cognitive dissonance...

Yes a poorer guy would be more helpful then that of the richer guy. The poor person understands the emotions of others as he has gone through the same phase.

Comparatively rich people don't have respect for the poor and they don't treat them as they should be treated. It is better to be poor and helpful rather to be a rich and useless 

Yes it is.

give me some wealth and i will try it and get back to you on being bored or not!

That is a somewhat absurd statement, poor people do not always have problems.

You can be poor, but be wise with money and have little problems in life.

The key if you are low income is avoiding debt.  Obviously expensive hobbies like sports cars, worldwide travel, etc will be out of the question, but its more a question of personal habits and your general outlook.

I know poor people who have no "problems" due to their income alone.

this is what poor people say to satisfy themselves and don't get depressed about their full of problems lives.

it is true that money does not solve all your problems and millionaires have many problems but without money you will have 100X of those problems :/

Large amounts of money make people lose that generous, kind, caring part of their personality. The people who give the most are those who have the least. People who do not have much ate much more real.

The key part is how you get your money. If you have to work a repetitive job with a lot of commuting to arrive to boot, it's pretty damn impossible to enjoy your wealth. If you are born rich and all you have to do is enjoying the passive income of your family then you'll never say it's boring.
Unfortunately most are doomed to doing a job all day to have some money. Unless BTC goes to 100k during the next 20 years of course, then good fucking luck because i'll be retiring.

you can give me your money if you think wealth is boring, I won't be boring if i have serious amount of money. 

When I am ridiculously rich, I will buy super cars like ferrari, lamborghini to enjoy the speed, and drive them to best night clubs, hire club beauties to drink with me, and when we can have fun and sex in 5 stars hotels or in my luxury houses, is this boring life? If yes, you are not a man, or you are a gay. 

I have considered outright crime for financial gain, thanks for the suggestion. Probably cooking or growing drugs would be most lucrative, as opposed to violent crime, as was suggested. And aside from the moral objections I'd have to that, I've seen the inside of a prison - it is better out here, even if you do live in destitute conditions. Though you're probably right that the basic quality of life of some prisoners in terms of things like nutrition and health care would be better than my own. Still, I am not particularly interested in doing anything to be locked up and trade what "freedom" I have for physical needs being better met.

Also, a basic community college or state college education doesn't automatically result in a well payed job. I have actually attended college, thanks only to a full scholarship as a result of near perfect standardized testing scores (yup, I'm not dumb, just financially fucked), and got 2 degrees in 4 years (most people do 1 in that time) - useless to get a decent job with as it turns out, what a total waste of time and effort that was in the corrupt nepotistic wasteland of the american job market. In the decade since those degrees have gotten me precisely 0 "career level" "good jobs" that payed greater than single digit $s per hour. Being smart, even genius level, or having an education, even being willing to work hard means nothing if you have no capital resources to live off of build off of and exploit others with. Such is life under a system of abuse and exploitation (capitalism). Simply trying to survive with what little money you can scrape together working yourself to exhaustion from birth to death is what most of us get.

You're god damned right I've got a negative mindset - I'm poor and live in america. You'd have a negative mindset too if you were smart and worked hard your whole life and still had fuck all to show for it. I try not to think about winner loser dichotomy, too depressing, but yeah I don't know what else you'd call it trying trying trying and failing to succeed in any meaningful way. There is a difference between relative deprivation and being financially 1 step ahead of the homeless and people in prison. I appreciate the advice to try and enjoy free activities - I do like backpacking and camping, when I've been able to do so, but live in a desert state that's hot as balls all of the time and so rarely partake in any outdoor activities and definitely no sports of any kind.

The notion that being wealthy would be boring is offensive.

First of all, how come this is related to Bitcoin anyway. It should be posted in the off topic section i guess.

Now about the topic,

As long as you don't lose your imagination, I think wealth is just a tool for your pleasure. You just need to figure out what to do with it.

Money only solves your money problems. It doesn't solve your life problems. When you have enough money for your life, new kind of problems starts to poppin around you. I ain't seen a millionaire living without problems.

Yeah, I guess he sees himself as a loser. lol

There's a psychology concept called 'relative deprivation' which is the feeling of discontent when comparing yourself to others. This guy is the relative deprivation poster child. lol I had a professor that responded to the class when questioned about too much homework for one weekend, "I don't care if you study or not, the world needs ditch diggers too".

If you really are that poor look into furthering your education.  Community college is basically free if you qualify for a Pell Grant (if you're in the US).

Anyway, it sounds like you have a negative mindset, that doesn't help things.  There are other cheap forms of entertainment.  Hiking, other sports, there are free concerts/music events.

I can see how it is depressing though, I know because I grew up poor as dirt.  But you have to have the mindset that you can change things (and you can).

yes
then again, it is about how we see ourselves

Dude, you are seriously depressing. Sounds like your life is worse than prison. You should steal some money and run away. Even if you get caught it's better than the way you live now.

When you reach B then it is a next goal the point C. The human often is not happy with that what he reach/has

laugh

sign me up. send me the link to the registration page. and if I don't get pick-pocketed and headbutted I will be very dissapointed 

I will let you know when I get there

Seriously though wealthy people rarely have completely passive investments.  In addition the more wealthy you are the more difficult it is to make sure all that money is making a healthy return.  We watch the market for hours to buy one bitcoin, wealthy would want to buy thousands of btc to be worthwhile, but they will move the market by doing so. 

Wealthy people also have to deal with real estate and other investment scammers.  So they are rarely bored, but they may not be all that happy either.