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[–] 307 points 4 months ago (9 children)

I mean, if all the wealthy did this instead of their endless grind to own more and more at the expense of everyone else, the world would be a lot better.

The ultra wealthy have a hoarding mental illness. Most people would have stopped working long before they got to the point they did.

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  • [–] [S] 134 points 4 months ago (7 children)

    I've had this same thought. Like, if I ever had the opportunity to be as rich as Bezos or Musk, I don't think I'd make it because I would've stopped so much earlier.

    At a certain point, I'd just think "Sweet, we're set for life, and I can spend all my time with my wife and kids." Why would I sacrifice that kind of life just to see numbers on my bank accounts go up in a way that no longer meaningfully affects us?

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  • [–] 35 points 4 months ago (1 child)

    Plenty of people probably did, but the ones that don't are the ones that stand out, so they're the ones we know. Nobody cares about the guy who made a billion dollars and fucked off somewhere; even if they're still a blight on the country with that much wealth, we've got bigger fish to fry.

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  • [–] 16 points 4 months ago (2 children)
  • [–] 43 points 4 months ago (1 child)

    Tom is the exact model of how I want to see people get rich. He got his bag and then disappeared off the face of the planet. He's not in politics trying to enact a cyberpunk state. He's not in the news every day telling you that if you give your kids a measles shot you're performing the work of the devil. He's off on a beach somewhere taking photos because he loves it, not bothering a soul. Tom is an alright dude and I have no problems with him.

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  • [–] 19 points 4 months ago* (2 children)

    I'd just think "Sweet, we're set for life, and I can spend all my time with my wife and kids." Why would I sacrifice that kind of life just to see numbers on my bank accounts go up in a way that no longer meaningfully affects us?

    I'm sure there are a massive amount of rich people with this mindset. we just don't hear about it cause the few that keep on getting wealthy for the sake of power ruin it for everybody

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    [–] 99 points 4 months ago (2 children)

    Kind of reminds me of a sign that they have at Jimmy Johns.

    The investment banker was at the pier of a small coastal village when a small boat with just one fisherman docked…

    Inside the small boat were several large fin tuna.

    The banker complimented the fisherman on the quality of his fish and asked how long it took to catch them. The fisherman replied…

    “Only a little while.”

    The banker then asked why he didn’t stay out longer and catch more fish? The fisherman said he had enough to support his family’s immediate needs.

    The banker then asked…

    “But what do you do with the rest of your time?”

    The fisherman said…

    “I sleep late, fish a little, play with my children, take a nap with my wife, Maria, stroll into the village each evening where I sip wine and play guitar with my friends, I have a full and busy life.”

    The banker scoffed…

    “I am a Harvard MBA and could help you. You should spend more time fishing and with the proceeds, buy a bigger boat, and with the proceeds from the bigger boat you could buy several boats. Eventually, you would have a fleet of fishing boats. Instead of selling your catch to a middleman you would sell directly to the processor, eventually opening your own cannery. You would control the product, processing and distribution. You would need to leave this small coastal fishing village and move to a big City, then LA and eventually NYC where you will run your expanding enterprise.”

    The fisherman asked…

    “But, how long will this take?”

    To which the banker replied…

    “15-20 years.”

    The fisherman thought for a moment and then asked…

    “But what then?”

    The banker laughed and said that’s the best part…

    “When the time is right you would announce an IPO and sell your company stock to the public and become very rich, you would make millions.”

    And, once again the fisherman asked…

    “Then what?”

    The banker said…

    “Then you would retire. Move to a small coastal fishing village where you would sleep late, fish a little, play with your kids, take naps with your wife, stroll to the village in the evening, sip wine and play your guitar with your friends!”

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  • [–] 69 points 4 months ago* (1 child)

    Oh, the irony of having that sign at a corporate workplace staffed by wage slaves.

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  • [–] 20 points 4 months ago (3 children)

    Not to mention the guy who started Jimmy John's .... Liautaud is an avid hunter and fisherman. In an interview in 2015 with the Chicago Tribune, Liautaud said that the largest misconception about him is that people still connect him to photos of him posing with big game from 10 years ago. According to Liautaud, he used to hunt big game in Africa on legally organized safaris, but he no longer does.[7] Starting in 2015, his hunting prompted people to call for a boycott of his business.[60] - Wikipedia

    No longer because they are illegal now? Also, started small, only a 25k loan from his father

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  • [+] 20 points 4 months ago (1 child)
  • [–] 11 points 4 months ago (2 children)

    The fisherman had a large family who loved him. His fishing only took an hour or two per day, so he had a lot of time left over. When he could, he loved to play with his kids, take naps with his wife, and play guitar with his friends. But, he was also available when needed for other things. If someone needed help moving, he could help. If they needed to go somewhere, he could take them in his boat. If another family in the village was going through a rough time he could stay out a bit longer, catch a few more fish, and provide for them too.

    Then, one day he became ill, and treatment was expensive. He was so loved in the village that everyone took up a collection to help him. They also saved money on his bills by doing as much as they could for him. Instead of having nurses feed him and bathe him, his family and friends did that for him. Since he lived in Mexico and not the USA, his medical costs were not obscene, and he was able to pay for them all, just owing a few loans to other people in the village.

    For a while, he spent a bit longer out on the boat, catching a bit more fish to sell to pay off his loans. He also took the son of one of his friends out and taught him the trade, and for that, his friend wrote off that loan. A short time later his loans were all paid off and he went back to the nice, easy fishing lifestyle.

    The retired banker had no friends. He had no family. His first and second wives had divorced him because he spent all his time at the office. His kids no longer talked to him, they knew him as that man who always promised he'd come to their soccer cup finals and violin recitals, but never made it. His 22 year old sugar baby had ditched him as soon as he got the diagnosis. He did some research and decided that the best doctors in the world for his condition were in Dubai, so he arranged a private jet to Dubai, rented an apartment for a few months, and hired round-the-clock nurses to take care of him, and a personal chef to cook whatever he needed. The doctor in Dubai was the best, but he was no fool. He quoted a very high price for his services, and then when the banker was in the pre-op room, he came in, announced he was ready to go, but that there were a few other costs he forgot to mention, and he was terribly sorry but the total price was actually triple the original quote. But, if the banker wanted to back out, there was still time. The banker grumbled, but assented, silently appreciating the doctor's hustle.

    While he was under anaesthesia, his rivals struck. He'd made plenty of enemies over the years, and so when word was out that he was going under the knife, they planned their revenge. The banker was too proud to be fully retired. He still actively managed most of his money, and had a lot of it tied up in leveraged bets. His rivals jumped on them, spreading rumours on social media and calling up financial news outlets. If the banker had been conscious and online, he could have responded to the attack, but as it was, his positions were crushed ruthlessly.

    When he came around after his operation, he checked his phone to see hundreds of urgent messages. He started scrambling to catch what he could. But, in the meantime, his latest payment for his nurses hadn't gone through, so they walked out. Once he stopped the bleeding (money bleeding, not blood), he'd be able to hire some new ones, but that couldn't be his priority yet. He had only hours left to fix his financial health, if he didn't, then his own health didn't matter.

    And then Trump bombed Iran.

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  • [–] 74 points 4 months ago (17 children)

    A quote I like:

    Nobody wants to solve problems. Everyone just wants to get rich enough so the problems don't apply to them anymore.

    It's true. Same for disillusioned me nowadays too.

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    [–] 55 points 4 months ago (2 children)

    What would you do with a million dollars?

    Nothing man. Nothing.

    Man, you don't need a million dollars to do that.

    • Office Space
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  • [–] 52 points 4 months ago (2 children)

    None of the things they mentioned actually require much resources at all. Even if this person worked a part-time job, there’s no reason this life should be unobtainable. The reality we’ve been given unfortunately doesn’t allow for this though.

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  • [–] 38 points 4 months ago (2 children)

    The biggest chunk is affording rent or a home close enough to a beach area. If you can work some artisanal wood carving job or something where you can set your own hours, but make good enough money to cover your basics, then you're set.

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  • [–] 25 points 4 months ago (3 children)

    "If you have very specific skills that take years to learn, it could be obtainable"

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    [–] 48 points 4 months ago (1 child)

    This quote is powered by a trust fund. Only someone with extremely wealthy and generous parents can inhabit an environment where the idea of normal people working for the sake of working seems to make sense.

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  • [–] 17 points 4 months ago* (last edited 4 months ago)

    WFH at a "if you get shit done, we don't care what your hours are" company. Or contracting with a high enough rate. I've done the former, now I'm doing the latter.

    But this gravy train is not going to last much longer. Those companies are rare and with all the layoffs, the only way to get good contracting gigs is through industry contacts.

    I still gotta work, but my minimum maintenance budget is about 40 hours a month. 100 means I can invest some, or splurge on niceties.

    So I could sleep in if my toddler didn't have kindergarten (comes home at noon since we're still just practicing and not doing the afternoon nap there yet) and I absolutely could go to the gym in the middle of the day too (provided the aforementioned toddler is in kindy or I have a sitter. I'm a single dad).

    This isn't really something everyone can do and I'm not sure how much longer it'll last for me so I'm going to start working more again when we're doing full ~8 hour days in kindergarten, but for now I'm kinda enjoying most of what the trust fund kiddie gets, without being a trust fund baby myself.

    No surf though. Hour away from the beach. And I don't know how to surf.

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  • [–] 32 points 4 months ago

    i have zero desire for riches.

    i just want [riches]

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  • [–] 23 points 4 months ago

    If this is rage bait by the OOP then god damn did I ever take the bait

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  • [–] 23 points 4 months ago (5 children)

    Waking up without alarm to go surfing?
    Where the fuck happens that?
    Usually we need to get up at fucking 7 to catch the early good waves and that's in the single week we can afford to be somewhere at the beach

    And I know, that is already a high level of complaining, but c'mon, you can't just sleep and go surfing whenever. The sea dictates and that's part of the experience to feel like the little thing surfing a ball of energy in an unforgiving sea, that doesn't give a shit about your preferences.

    Do I only go to the wrong places or is this just part of her bullshit?

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    [–] 23 points 4 months ago (8 children)

    You could do all of this with very little money ... if you're willing to live semi-homeless near the beach. Maybe live in a van. Most expensive thing here is the wine, and wine doesn't cost that much.

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  • [–] 18 points 4 months ago (1 child)

    I actually did this for a while. I bought a sailboat with a friend, moved onto said sailboat, and bummed around for a bit. It's cheap in bursts, but then you need things. What happens when you have a sudden need for money, like an engine breakdown or a medical emergency? What happens when you suddenly need to travel, like for a funeral or a friend's wedding?

    What happens when one day you need to afford anything beyond the daily living expenditures and you need to get a job and now employees side eye you for having a year or two gap on your resume? This is possible, obviously, but it's definitely a lot more than it sounds like on the surface.

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    [–] 20 points 4 months ago (5 children)

    As long as you live frugally and in a reasonable COL area, this isn't crazy expensive. Doable with a couple million in net worth. Huge difference between that and what many of the rich are worth. The reality is that a million dollars isn't what it used to be and the fight isn't with people with single digit millions, it's with people with triple digit millions and up. Yes, having single digit millions feels like being rich in today's economy to many, but, in the eyes of the truly wealthy, a single digit millionaire might as well be a destitute homeless person.

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  • [–] 23 points 4 months ago* (5 children)

    One million seconds = ~11 days

    One billion seconds = 31 years

    It's not one order of magnitude - it's three.

    One billion vs one million is the difference between a dollar candy ($1) and a full-time paycheck ($1,000).

    The space between a nice bottle of wine ($50) and a median priced automobile ($50,000).

    The delta between an expensive night out ($250) and a fucking house ($250,000).

    And ultimately,

    The failure of a working class income ($30,000 - or $15/hr x 40hrs FTE) and the assholes who rule us ($30,000,000).

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    [–] 17 points 4 months ago

    "Call me unambitious, but I want the benefits of being wealthy."

    That's all I read.

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  • [–] 14 points 4 months ago (1 child)

    If you're frugal then you might not have to be rich

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    [–] 14 points 4 months ago (1 child)

    The trick to this is probably living in a very low cost-of-living country whilst part time remote working for a company in a high CoL country. Get the timezones right and you can wake up late enough that you don't need an alarm, and you can have the lifestyle for the coat of a few days a week in front of the computer.

    Now to find that dream job and the right place to live. Shouldn't be hard... Right?

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    [–] 13 points 4 months ago (3 children)

    The things described in the text aren't expensive, but the first photo was taken in a boat

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    [–] 11 points 4 months ago* (last edited 4 months ago)

    You can totally do this with remote income of 1,000 usd/mo.

    For example, in Hua Hin, Thailand you can get a small place for 300 usd/mo and remaining 700 is enough to hang out, meditate and wind surf every day. Lots of places like this around the world and it's really not hard to make 1,000 usd/mo remotely if work on it. You can even do instructing if you get good at a particular water sport completely legally as well though you won't be making more than 1k/mo but you'll be making a lot of friends :)

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