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Old 05-31-2020, 12:15 AM
 
1,845 posts, read 1,047,596 times
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Quote:
Originally Posted by tcualum View Post
All of my friends who are well off are spending money on their homes right now instead of clothes since they are unable to take their summer vacations. One is putting in a pool, one is upgrading their patio furniture, and another is decorating her lakehouse. I'm not sure what the rest are doing but I've heard them chatting about what's the point in buying the latest fashions when there's nowhere to wear them. A friend of mine owns a local fashion branding and small clothing manufacturing business. She's pivoted to making safety gear and face masks that coordinate with businesses' uniforms since most of her regular boutique design house orders aren't coming in.
By well off do you mean upper middle class/lower upper class? Or do you mean net worth of 8+ figures?
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Old 05-31-2020, 08:43 AM
 
Location: Fort Worth, TX
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Net worth of at least 7 figures. I forgot to mention that many are spending their money on IP or buying businesses for pennies on the dollar right now. If you have the money to invest there are lots of deals out there.
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