What is the worst downside of being rich? - Page 2 - GoFuckYourself.com

woj · 10-25-2004, 11:09 PM

50 downsides of being rich..

Drake · 10-25-2004, 11:13 PM

Relatively speaking, there are none

nofx · 10-25-2004, 11:15 PM

spending money wastefully

SleazyDream · 10-25-2004, 11:27 PM

resisting temptation

BT · 10-25-2004, 11:32 PM

"your only as rich as the hands you feed"

GTS Mark · 10-25-2004, 11:54 PM

Getting ripped off buying cargo pants!!!

DH

KRL · 10-25-2004, 11:56 PM

And the ultimate fucking irony of all you can't take it with you when you die!

Phoenix · 10-25-2004, 11:57 PM

hmm..ill have to find something to complain about when i am rich

FYI rich in my books is someone with over a million liquid..

SleazyDream · 10-25-2004, 11:59 PM

Quote:

Originally posted by Phoenix
hmm..ill have to find something to complain about when i am rich

FYI rich in my books is someone with over a million liquid..

odd, there are tons of people with 50 million non liquid. they're not rich?

and what is liquid? cash? bank accounts? bonds? stocks? options? real estate? gold? etc - at what point does property become liquid vs non liquid? (even cash is in fact property)

KRL · 10-26-2004, 12:02 AM

Quote:

Originally posted by Phoenix
hmm..ill have to find something to complain about when i am rich

FYI rich in my books is someone with over a million liquid..

If you have a million laying around doing nothing that's just plain stupid. There are lots of investments that you can cash in fairly rapidly if you have to.

Phoenix · 10-26-2004, 12:06 AM

Quote:

Originally posted by SleazyDream
odd, there are tons of people with 50 million non liquid. they're not rich?

and what is liquid? cash? bank accounts? bonds? stocks? options? real estate? gold? etc - at what point does property become liquid vs non liquid? (even cash is in fact property)

of course someone with millions of dollars of property wil one day be rich.

however since i have met so many people like that, andmany people with lots of money..i came up with my own standard..i believe liquid usually refers to assets in the form of cash (or easily convertible into cash)

not looking to belittle anyone..but since i have met so many people with lots of money..i needed to classify them someway..lol

i have a friend who owns 11 rental properties in cambridge and waterloo...he will one day be well off...but he is a broke mofo..all his money goes to the properties.

Phoenix · 10-26-2004, 12:07 AM

Quote:

Originally posted by KRL
If you have a million laying around doing nothing that's just plain stupid. There are lots of investments that you can cash in fairly rapidly if you have to.

stocks are liquid

SleazyDream · 10-26-2004, 12:08 AM

Quote:

Originally posted by KRL
If you have a million laying around doing nothing that's just plain stupid. There are lots of investments that you can cash in fairly rapidly if you have to.

exactly, i find liquid cash is relative to cash flow and assets though. a million for some is like $100K for others is like $10 for others. amount of cash on hand is usually relative to one's total wealth.

johndoebob · 10-26-2004, 12:08 AM

Quote:

Originally posted by Phoenix
of course someone with millions of dollars of property wil one day be rich.

however since i have met so many people like that, andmany people with lots of money..i came up with my own standard..i believe liquid usually refers to assets in the form of cash (or easily convertible into cash)

not looking to belittle anyone..but since i have met so many people with lots of money..i needed to classify them someway..lol

i have a friend who owns 11 rental properties in cambridge and waterloo...he will one day be well off...but he is a broke mofo..all his money goes to the properties.

And most real estates aren't that fast to sell for a good price, especially if you have lots of them.

Pornkings · 10-26-2004, 12:08 AM

Quote:

Originally posted by KRL
And the ultimate fucking irony of all you can't take it with you when you die!

Yep so work hard and play hard

Marcus Aurelius · 10-26-2004, 12:09 AM

Quote:

Originally posted by lloyd
columbians!

Hell no, the columbians help keep you rich man..

johndoebob · 10-26-2004, 12:10 AM

Quote:

Originally posted by Phoenix
stocks are liquid

Fonds aren't really liquid and if you don't have a clue both stocks and fonds can cost you lots of money instead of gaining any.

johndoebob · 10-26-2004, 12:12 AM

Quote:

Originally posted by KRL
If you have a million laying around doing nothing that's just plain stupid. There are lots of investments that you can cash in fairly rapidly if you have to.

Don't your banks pay you interests?

Money always does something beside you got it cash at home, waiting to launder it

Phoenix · 10-26-2004, 12:14 AM

Quote:

Originally posted by johndoebob
Fonds aren't really liquid and if you don't have a clue both stocks and fonds can cost you lots of money instead of gaining any.

oh for sure..im wirting level one for the cfa in january

Gunni · 10-26-2004, 12:14 AM

I think carrying really heavy bags of money around is the worst thing

bdld · 10-26-2004, 12:25 AM

being cocky, apparently people dont like that.

Art Del Gado · 10-26-2004, 09:18 AM

Quote:

Originally posted by bdld
being cocky, apparently people dont like that.

haters

wedouglas · 10-26-2004, 09:24 AM

worst downside? is that a double negative....then id have to say being able to afford everything you could possibly want.

AndyA · 10-26-2004, 09:28 AM

I am very ready to find out for myself!

samsam · 10-26-2004, 09:40 AM

I'd say the worst thing is jealousy.

But whats worse is when the "rich person" mistakes it as "jealousy" when its really just an adverse reaction to the terrible change in personality that can be attributed to his wealth. In other words, money in the hands of he who is not very wise or humble may result in a deformation of his character.

The moral is dont let the money make you arrogant or material.

BuckLover · 10-26-2004, 09:44 AM

There is no down side!!

Life is short, the world is fucked, your gonna die, so why spend your life working like a fucking dog! when you can have money and enjoy the finer things.

Who gives a flying mother fuck what others think or how jealous they are

Herb Kornfield · 10-26-2004, 10:48 AM

Finding new pursuits to keep you going onto the next things and not just lying all day in your pool floating around daydreaming.

However, it is nice to just relax now and mess with my guitars more than I have in years past.....Also, started reading alot more and just enjoying the views out my windows.

10-25-2004, 11:09 PM	#51
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	50 downsides of being rich.. __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

10-25-2004, 11:15 PM	#53
nofx Too lazy to set a custom title Join Date: Nov 2002 Location: Virgin Mary's womb Posts: 16,826	spending money wastefully __________________ Often times I wonder why There's love and hate, theres live or die. When sickness comes I must decide: When feelings go, theres suicide.

10-25-2004, 11:27 PM	#54
SleazyDream I'm here for SPORT Industry Role: Join Date: Jul 2001 Location: Phone # (401) 285-0696 Posts: 41,470	resisting temptation __________________ This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog! Now read without the word dog.

10-25-2004, 11:32 PM	#55
BT Confirmed User Join Date: Apr 2002 Location: Ft liquordale FL Posts: 6,481	"your only as rich as the hands you feed" __________________ IS Prime Hosting Bald Head Shine "BT" The American Dream, baby! " THE HOST WITH THE MOST!" My ICQ 122994792

10-25-2004, 11:56 PM	#57
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	And the ultimate fucking irony of all you can't take it with you when you die! __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

10-25-2004, 11:13 PM	#52
Drake Hello world! Industry Role: Join Date: Mar 2003 Posts: 12,508	Relatively speaking, there are none

10-25-2004, 11:54 PM	#56
GTS Mark Vrume Mark Industry Role: Join Date: Jan 2001 Location: Toronto, Canada Posts: 20,912	Getting ripped off buying cargo pants!!! DH

10-25-2004, 11:57 PM	#58
Phoenix BACON BACON BACON Industry Role: Join Date: Nov 2002 Location: Poems everybody, the laddie fancies himself a poet Posts: 35,462	hmm..ill have to find something to complain about when i am rich FYI rich in my books is someone with over a million liquid.. __________________ Skype Phoenixskype1 Telegram PhoenixBrad https://quantads.io

10-26-2004, 12:14 AM	#70
Gunni Confirmed User Industry Role: Join Date: Apr 2003 Location: Barcelona Posts: 2,385	I think carrying really heavy bags of money around is the worst thing

10-26-2004, 12:25 AM	#71
bdld $100,000 Join Date: Dec 2001 Posts: 11,452	being cocky, apparently people dont like that.

10-26-2004, 09:24 AM	#73
wedouglas So Fucking Banned Join Date: Aug 2004 Location: Dearborn, MI Posts: 5,921	worst downside? is that a double negative....then id have to say being able to afford everything you could possibly want.

10-26-2004, 09:28 AM	#74
AndyA So Fucking Banned Join Date: Apr 2001 Location: Tampa, Fl. Posts: 1,670	I am very ready to find out for myself!

10-26-2004, 09:40 AM	#75
samsam So Fucking Banned Join Date: Jun 2002 Location: Fla Posts: 682	I'd say the worst thing is jealousy. But whats worse is when the "rich person" mistakes it as "jealousy" when its really just an adverse reaction to the terrible change in personality that can be attributed to his wealth. In other words, money in the hands of he who is not very wise or humble may result in a deformation of his character. The moral is dont let the money make you arrogant or material.

10-26-2004, 09:44 AM	#76
BuckLover Confirmed User Join Date: Feb 2003 Location: I'm everywhere Bitches!! Posts: 1,656	There is no down side!! Life is short, the world is fucked, your gonna die, so why spend your life working like a fucking dog! when you can have money and enjoy the finer things. Who gives a flying mother fuck what others think or how jealous they are

10-26-2004, 10:48 AM	#77
Herb Kornfield Is on the 1 Industry Role: Join Date: Sep 2002 Location: Philly Burbs Posts: 4,996	Finding new pursuits to keep you going onto the next things and not just lying all day in your pool floating around daydreaming. However, it is nice to just relax now and mess with my guitars more than I have in years past.....Also, started reading alot more and just enjoying the views out my windows.