Are rich men really sought out by women aggressively like most men make it seems? (celebrities, partner)
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I'm a guy, but there are a number of women whose primary agenda is to land the "bank account" so they can spend it without having to work a day. I see it in my extended family, at least 3 female relatives only dated guys who had the import car (German), the business or high paying job and the bank account to go with it, sheeple were beneath them. Today, two of them are at home raising families and spending the cash. The other married and got divorced.
That might apply to the first generation that built the fortune but most women are after guys from the third and fourth generation. Nearly always good looking but no frugality there.
Incidentally, women don't consider men to be frugal, it's "cheap" and that is considered a major negative, certainly not a virtue.
Back then there were not 401K's either. They had pensions. How can you be rich without frugality?
The clever and women who are in the finance industry would go for frugal men. The dumb ones go for guys who they 'think' are rich just because they have a large house and a luxury car. Dumb and good looking girls do not know how money works and cannot differentiate between an asset and liability.
Back then there were not 401K's either. They had pensions. How can you be rich without frugality?
The clever and women who are in the finance industry would go for frugal men. The dumb ones go for guys who they 'think' are rich just because they have a large house and a luxury car. Dumb and good looking girls do not know how money works and cannot differentiate between an asset and liability.
You can be rich without frugality if you annual income exceeds 5 million after taxes ect.
Well, what about managing the aseets they got handed? I guess they were good at it?
I agree. I rather earn my money then be given to me. You will value that money and save/invest wisely.
Even Obama comes from a Middle Class family.
No, they themselves weren't good at it. In both situations their parents were managing their assets. One of them told me once they didn't want to be bothered with the responsibility and dad was "better at it." He was 30 when he told me this.
Back then there were not 401K's either. They had pensions. How can you be rich without frugality?
The clever and women who are in the finance industry would go for frugal men. The dumb ones go for guys who they 'think' are rich just because they have a large house and a luxury car. Dumb and good looking girls do not know how money works and cannot differentiate between an asset and liability.
These are the days of our lives, not life offline.
No, they themselves weren't good at it. In both situations their parents were managing their assets. One of them told me once they didn't want to be bothered with the responsibility and dad was "better at it." He was 30 when he told me this.
Not if the taxpayer is spending $5 Million a year.
There isn't really a need to spend that much a year until you get into the higher brackets. When you are making 5M a year the idea is to save up that money and then live off the interest. After two years, assuming you don't spend a dime you would have 10M and then with the average return of say 12% annual return you would have 1M a year plus your annual income to live off of/invest for more interest.
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He was 30 when he told me this. 
