Dunno Ponsh. And not just business millionaires but corrupt politicians too (recall 1MDB).Pontius Navigator wrote: ↑Sat Jan 11, 2020 7:05 pmBut these business millionaires, they just keep on digging and just earn more money than they can ever spend. Why?
All I’d need is 10 million US bucks and that would be that. Like most ordinary millionaires one would not be ‘flamboyant’ and go buy bloody Mercs and yachts - that’s reserved for those who need to publically wank off and who can’t handle money anyway. I could live well, always have a home, get a Spit IX endorsement and buy into a partnership in one, travel FC to any point in the world whenever I feel like it, maybe rent out our present home iso selling it before the move to Loei, me and the missus can give up this working for a living nonsense and our lad has his Uni ambitions paid for. I’d still keep the Cub.
Probably I’d invest most of the 10 mill in my present portfolios and live off the dividends, but if we dipped into the capital there’d be no problem.
The main danger is that ‘dear old friends’ who haven’t spoken to you in yonks and distant rellies you never knew existed slither out of the woodwork when they discover you’ve got some serious loot. That’s why one should always stay below the monetary radar and live normally.
AFAIC if I was a Boeing shareholder (which unfortunately I’m not but wish I was) I’d be doing some bloody serious bitching vocally and publically about that prick walking away with 60 mill after he fuctup. It’s supposed to be filthy politicians and bankers who do that.