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Rich (Now with the Upper Middle Class) Rich (Now with the Upper Middle Class)

08-24-2014 , 09:46 PM
I'm not sure I get the whole "Having a child is beyond amazing and a treasure but because they cost so much you can no longer call me rich" argument.

You consider someone who chooses to have a nice watch, nice car etc. to be rich and you not, AND you've deemed your child to be worth far more than those things. Sounds like you are in fact richer than those you think are richer than you? Being able to comfortably afford to raise a child in a nice setting in America IS rich.

Last edited by THAY3R; 08-24-2014 at 09:51 PM.
08-24-2014 , 11:58 PM
oh my god

this thread
08-25-2014 , 12:02 AM
Damn, I wish I was rich enough to feel that I wasn't rich. Wait, maybe I am already?? How can I tell?!
08-25-2014 , 12:03 AM
Quote:
Originally Posted by wil318466
Oh you must do some sort of technical stuff for an investment bank or something, eh? Or something specialized? I didn't think regular programmers make huge money. I've heard of some consultants for specialized/rare platforms make ridiculous money though, in the 500 dollar an hour range.
It's quant work for a private hedge fund....I wouldn't call myself a programmer per say. It's a research job where programming is an important tool, but I don't have to worry about software development, maintenance etc.
08-25-2014 , 12:04 AM
Quote:
Originally Posted by Clear Quality
Damn, I wish I was rich enough to feel that I wasn't rich. Wait, maybe I am already?? How can I tell?!
What did your butler say when you asked him?
08-25-2014 , 12:11 AM
Per say?
08-25-2014 , 12:13 AM
Quote:
Originally Posted by suzzer99
Yes there is a good reason for that - as you have demonstrated. No one wants to hear the money problems of someone who makes much more money than them. It's like showing Man vs. Food to a bunch of hungry people in Africa.
Well, I would dispute part of that as I don't think I've said anything about my money problems.
08-25-2014 , 08:58 AM
Quote:
Originally Posted by Clear Quality
Damn, I wish I was rich enough to feel that I wasn't rich. Wait, maybe I am already?? How can I tell?!
If there's anything that you can imagine ever wanting that don't already have, then you aren't rich.
08-25-2014 , 09:07 AM
Just because many people are way worse off doesn't mean you have to STFU about an opinion. Come on guys, this is getting absurd.

If you live in a very poor environment and are the richest person in that environment that doesn't necessarily make you rich. The poorest person in the US might be considered rich by someone living in rural China, but that doesn't make the person rich.
08-25-2014 , 09:11 AM
I may not have a ton of money, but as long as I have a wonderful family and enormous genitals, I will always consider myself rich.
08-25-2014 , 09:12 AM
Lol, who I am I kidding, I'm raking it in too.
08-25-2014 , 09:14 AM
Quote:
Originally Posted by THAY3R
I'm not sure I get the whole "Having a child is beyond amazing and a treasure but because they cost so much you can no longer call me rich" argument.

You consider someone who chooses to have a nice watch, nice car etc. to be rich and you not, AND you've deemed your child to be worth far more than those things. Sounds like you are in fact richer than those you think are richer than you? Being able to comfortably afford to raise a child in a nice setting in America IS rich.
This is a pretty bad argument. If someone loved their dog as I loved my kid (and people do) and cherished it above all other things that doesn't make them rich.

We can't even define the term rich, but I generally define it in 2 ways, assets and material possessions. I would say a fabulously wealthy person who lived in a shack and wore the same clothes for 30 years was technically rich but something was missing. I'd say a person who had many material possessions but no assets was lacking also. My definition would be a mix of the two.

I would no way define rich as being able to have a child and raise them in a nice setting. That should be considered normal.
08-25-2014 , 09:15 AM
Quote:
Originally Posted by wil318466
Just because many people are way worse off doesn't mean you have to STFU about an opinion. Come on guys, this is getting absurd.

If you live in a very poor environment and are the richest person in that environment that doesn't necessarily make you rich. The poorest person in the US might be considered rich by someone living in rural China, but that doesn't make the person rich.

lol
08-25-2014 , 09:15 AM
Quote:
Originally Posted by lycosid
If there's anything that you can imagine ever wanting that don't already have, then you aren't rich.

so as soon as warren buffet decides he wants to go to mars he magically becomes poor?
08-25-2014 , 09:19 AM
Thank you, Ted. That was the joke.
08-25-2014 , 09:28 AM
I could have said that better.
08-25-2014 , 10:31 AM
Quote:
Originally Posted by AlexM
Thank you, Ted. That was the joke.
heh

it was a long weekend.
08-25-2014 , 10:32 AM
Quote:
Originally Posted by wil318466
I could have said that better.
Possibly, but the idea itself is what I was lol'ing at, not the hamfisted wording.
08-25-2014 , 01:18 PM
Quote:
Originally Posted by wil318466

I would no way define rich as being able to have a child and raise them in a nice setting. That should be considered normal.
Raising them in a major city in America while completely scoffing at the notion of your child going to a state school(Penn State no less)? Sure, why not? You seem to be justifying the stresses of life as being not rich, but it's your choices that make you not "rich", and your choices in fact lead you to have a very rewarding, high quality of life.

If I decided to live in London(Kensington, no less) off 15m a year and have 7 children, send them all to Oxford, the finest prep schools, take them on educational trips all around the world etc. and am completely stressed financially and constantly struggling to afford this lifestyle, I would no longer be considered rich? C'mon.

This is essentially what you are arguing except you are in the top .001% of world living, not the top .00001%

Last edited by THAY3R; 08-25-2014 at 01:23 PM.
08-25-2014 , 01:46 PM
15m/year could very very easily afford to do all that.
08-25-2014 , 01:50 PM
And fly private?
08-25-2014 , 02:04 PM
Chartering a trans-Atlantic private jet round trip runs around 100-150k, so sure.
08-25-2014 , 02:30 PM
I think my general point still stands(also taxes would cut off half of that), and remember that his original response to it was that I should stop working at Walmart! I even make more money than him! It's more just about the delusions of American culture. It's gotten beyond ridiculous. I understand and am all about how the current system is completely whacked, the extreme wealthy(not people being discussed itt) exploit it to a disgusting degree, the middle/upper class are basically punished politically, it makes the poor even worse off and poor people often target the wrong people for their displeasures etc. etc. but come the **** on, you're living in a major city in America raising a child and can afford countless "luxuries", even if you disturbingly don't consider them such.

Last edited by THAY3R; 08-25-2014 at 02:41 PM.
08-25-2014 , 02:34 PM
look at Keed ikesing in here
08-25-2014 , 02:57 PM
Quote:
Originally Posted by SenorKeeed
Chartering a trans-Atlantic private jet round trip runs around 100-150k, so sure.
Are you keeping in mind that $15M is really only about $8M after taxes?

      
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