Quote:
Originally Posted by Melkerson
If you're not flying private at 100 mill, you're doing it wrong.
You can't take it with you.
It is probably better to own your own jet at this wealth range. People are generally bad at math and just make up numbers, but if you have the ability to make 100m you can prob do better than a ~5% real return which would be ~5m to live on each year (with likely high vol). Once you drop 2-5m on a house, and another 1m on cars... You kinda choose your own adventure on what matters to you. Wanna buy a yacht? Sure okay. Wanna see the world on private planes? Sure okay. Realistically at 10-20m+ depending on where you live is where you hit escape velocity if you aren't some extremely weird person who needs a selection of 100k+ watches or your wife doesn't need the full selection of Birkins.
Then again I have a friend who literally wants to buy a castle, so he needs like 50m + 2-3m a year to upkeep just for that.
Can we all agree that Eurobiz is a scam you should never pay up for tho?