• What It Takes To be "The Rich" These Days

    From 186283@ud0s4.net@21:1/5 to All on Sat Aug 24 01:33:10 2024
    XPost: talk.politics.misc, alt.poltics.usa, alt.elections
    XPost: alt.politics.republicans

    https://www.dailymail.co.uk/yourmoney/housing-market/article-13774323/net-worth-rich-12-major-cities.html

    . . .

    The skinny ... at least 2.5 MILLION in easily
    accessible worth ON AVERAGE.

    In various, usually 'blue', cities it can be
    MUCH more

    In SanFran ... TWICE as much, 4.4 MILLION.

    East-coast blue ... about THREE million minimum.

    Anything less and you're POOR ... will live in
    crappy houses, buy crappy cars, send yer kids
    to crappy Wokie public schools (before they kill
    themselves).

    Wow.

    OH ... but when K and friends talk about stealing
    away wealth from "the rich" - there AREN'T all that
    many "rich". That means they'll re-define ... and
    large large numbers of "the poor" will be gouged
    out of existence. They'll tax you into the slums,
    destroy any "step up" inheritance plans, destroy
    employment/advancement. All but K's beloved THUGS
    must suffer !!!

    Thugs make her all hot ... that's been clear.

    And when the whole top/middle/middle-low has
    been PILLAGED - no more USA, no more "rights",
    no more "justice", no more 'hope' ... basically
    Xi and friends. Doubt not - no OTHER logical end.

    --- SoupGate-Win32 v1.05
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  • From David LaRue@21:1/5 to 186282@ud0s4.net on Sat Aug 24 07:29:54 2024
    XPost: talk.politics.misc, alt.poltics.usa, alt.elections
    XPost: alt.politics.republicans

    "186282@ud0s4.net" <186283@ud0s4.net> wrote in news:vl-dnZOqR8kL7VT7nZ2dnZfqnPqdnZ2d@earthlink.com:

    https://www.dailymail.co.uk/yourmoney/housing-market/article-13774323/net -worth-rich-12-major-cities.html

    . . .

    The skinny ... at least 2.5 MILLION in easily
    accessible worth ON AVERAGE.

    That is a sad view of "rich" that I hope is not shared by many.

    Many casual friends thought I had much better resources than I did. The reality was that I saved a good portion of my earnings for use later on. I used much of the funds for visiting with family and friends many times a
    year. I now use what little is left for retirement. One of the keys to my savings over the years was keeping funds in many forms - from liquid to
    long term. As needed I could rebalance to address donations, shift
    investment goals to fit immediate needs, and support friends that needed
    help.

    There has been quite a dramatic shift in values from my parents generation
    to the current ones. My parents spent most on necessities and values.
    Today's young don't seem to be educated on managing money.

    Please consider what is really important in your hopefully long life. Does
    a large bank account make you rich? I was taught to value family and
    friends more than things. That made me rich in my opinion.

    I admit that there is an aging cell phone here which I payed cash for.
    Same for my cars. Don't use loans if you can avoid it. I saved for my
    next car as sson as I payed for the next one. Make sure you have enough
    funds for emergencies like repairs, recovering from being sick, and taking
    care of your family.

    Please follow a traditional family path. That is - educate yourself, live modestly, follow good jobs, keep long term friends, get married, and build great families of your own. That includes teaching your young good values. Don't spend excessively. Do you need to eat out so often or have food delivered? Do you really need a new cell phone or several entertainment
    plans?

    Each of us learns and changes our definition of rich over time. If money
    is all you value then you are really missing the point of being rich.

    All the best to you as you grow and mature!

    --- SoupGate-Win32 v1.05
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