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Old 12-19-2012, 04:35 AM
 
1,140 posts, read 1,904,033 times
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Millions in the bank to do what exactly? We live an age where people think that by having lots of cash in the bank - this solves all their problems, makes them super talented, more intelligent etc etc - when its reality its just the ability to buy more things.

Travel - You don't need to be rich to do that, buy properties, cars etc - You can do that on an average income - I think a person who is very wealthy while they can do more stuff, its just more of the same stuff - its not going to make you smarter, happier, or live longer.

Many wealthy people have old cars, live in small houses, don't live much of different life to you and me.


I Guess a balance between having some money, and being youngish is perfect. Seriously where is the fun in just buying things - personally shopping for too long bores the hell out of me, I can imagine having more money would just increase the boredem.

I am not saying money is not important - but extreme amounts of cash in the bank and is just pointless.
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Old 12-19-2012, 05:09 AM
 
Location: Camberville
13,128 posts, read 17,961,373 times
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Rich 80 year old.

I'm a broke 24 year old, and an unhealthy broke 24 year old. Not being able to afford adequate follow ups with my oncologist, mental health care, or dental care cuts my life short and makes my quality of life pretty awful. I'd rather be old but be able to afford access to healthcare than be young and continue to not have access, or dig myself further into debt in order to get it.
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Old 12-19-2012, 05:27 AM
 
8,356 posts, read 11,611,582 times
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Being that I'm 30,the question needs to go into more depth.

Are we talking a rich,healthy 80 vs a poor,sick,20 yo?
To add another one,what if the 20 year old did hard drugs and looks about 60?
Or the 80 year old looks 50?


I remember when I was 20,and it wasn't fun. I didn't do the party and bar things until my mid to late 20'.
I guess if you had put 40 year old with 2 million would take that.
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Old 12-19-2012, 11:23 AM
 
Location: Chicago area
16,538 posts, read 9,016,862 times
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Quote:
Originally Posted by hnsq View Post
If I pick the broke 20 year old, do I still know everything that I do now? If that is the case, I would take that in a heartbeat and get to $3 million long before I hit 80 years old.
My thoughts exactly. I'd be mega rich in my 40's instead of really comfortable in my 50's.
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Old 12-19-2012, 03:23 PM
 
Location: Striving for Avalon
1,431 posts, read 2,200,740 times
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Quote:
Originally Posted by ragnarkar View Post
Call me crazy but I'd rather be the 80 year old millionaire who has had countless adventures and accomplishments in his life than the broke 20 year old who doesn't even believe he has a future.
This would resonate with many intelligent, capable young people experiencing or facing a decade of forced under-performance due to the economy.
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Old 12-19-2012, 03:27 PM
 
13,427 posts, read 18,461,489 times
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I'd rather be a smart youth that started investing at the age of 20 and ended with 3 mill later.
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Old 12-19-2012, 04:06 PM
 
Location: Warwick, RI
3,404 posts, read 4,416,746 times
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I'd much rather go back to being a broke 20 year old, because knowing what I know now, I would have a much earlier start on obtaining my first million. Also because I'd like seeing that girlfriend I had back them (don't tell my wife, lol!)
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Old 12-19-2012, 04:43 PM
 
Location: Florida
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Hands down, youth.
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Old 12-19-2012, 04:52 PM
 
6,802 posts, read 5,425,435 times
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Quote:
Originally Posted by ndfmnlf View Post
Who would you rather be: a broke 20 year old.....or an 80 year old with $3 million in the bank?
Youth, assuming you can rebuild the wealth.

Quote:
Originally Posted by treasurekidd View Post
Also because I'd like seeing that girlfriend I had back them (don't tell my wife, lol!)
Honey, I didn't know you posted at City-Data. I'm afraid I have a secret as well and we need to talk.

Need to change my answer now though: Youth, assuming I can remarry!
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Old 12-19-2012, 10:44 PM
 
4,173 posts, read 3,123,528 times
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Quote:
Originally Posted by SpeedyAZ View Post
What about a good-looking 50 year old with $1.5 million? I think that's the best of both worlds; young enough to enjoy your life and enough money to sustain a comfortable lifestyle while still having more earning potential left in your years.
Then why do I feel the best years of my life were when I was a broke college kid? LOL
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