- Is it possible to be too rich?

Bill Gates has so much money, that if you said he worked 24 hours a day for all his money (not that he does, but theoretically), in the time he'd take to bend down and pick up a $10 note, he'd have actually earned more by working...

yup. and if he dropped a wallet full of cash on the floor it would supposedly cost him more to go back and pick them up.... :D tis indeed insane how wealthy they are when illustrated like that

(obv in reality someone's ability to generate wealth stops being a just function of their own time/effort once they start employing other people to work for them and Bill has been doing that since he was in his 20s)
 
I think so. Too much money will ruin you imo. Enough for a nice car and house is sufficient. Any more and you'll spend it on things you shouldn't mention on these forums.
 
No its a standpoint created by those that don't have it to try and justify themselves not being super rich.

Like anything its all relative and subjective. Im pretty sure your average Dafur refugee will be happy with my "peasant" lifestyle.
 
No its a standpoint created by those that don't have it to try and justify themselves not being super rich.

Yes and that standpoint is called reality... which comes crashing down on your face when you have loads of $$ and are no longer sure who your friends are or which women want you for 'you' or your bank balance.
 
If I had that sort of money I think that I'd just about get through uni with no debt. Would be a close thing though :D
 
Id start the Knight Foundation and be Michael Knight - Id have KITT for the workday and Street Hawk for the weekends - damn Sunday drivers :mad:...

I'd have KITT for the workday and that mechanic for the weekends.... ;)

To answer the question, no I don't think so. It must be great to be able to throw money around on 'whim' type purchases without worrying about it.... if you want something, you just buy it, no worrying about what the pricetag is.
 
No matter whether you earn £10k, £100k, £1,000,000 or higher you cut your cloth to suit, and will adjust your expenditure accordingly.
A £5k car becomes a £50k car becomes a £250k car.
A £100 watch becomes a £1000 watch becomes a £10k watch.
A £200k property becomes a £1m property becomes a £5m property....
It's all relative to your available spend...

I think this chap might be on to something.
 
Define "too rich".

Too rich in moral terms? It is a zero sum game in the end, so the richer you are the poorer other people will be. Unless the government just prints more money...so yes, it is a zero sum game.

Too rich in practical terms? Is there a practical difference between, for example, having £1B and having £1.5B? Not in your life, no. It's just a score. You can't spend it without deliberately wasting it by farcically over-paying for things.

You could make a practical difference outside your life, though. Personally, I'd keep myself as rich as is actually practical and use the rest of my income to fund research. You could fund a lot of small research projects that way. Maybe every now and again one would turn into something profitable, thus generating more research funding.

87K for a bottle of champagne? Yes, it's silly. But if she has such silly amounts of money that 87K is a small amount of money to her, then why should she care? If she has enough money, then 87K is a trivial amount of money that she has absolutely no use for, so it doesn't matter what she spends it on. It's not even a matter of percentage of income, since x% of the income of a poorer person is worth more to then than x% of the income of a richer person. If she lost 10% of her income, it wouldn't make any difference to her life. If I lost 10% of my income, I'd be screwed.
 
Personally, I'd keep myself as rich as is actually practical and use the rest of my income to fund research.
That was always my dream, combined with scholarships for science & engineering students.

I'm not sure I could ever be one of those people with a garage full of fast cars or homes in half a dozen countries, but I'd get a real kick out of being able to help push back a few intellectual frontiers. Particularly in biotech (a notoriously easy way to lose a fortune) and new forms of energy generation.

Instead I appear to have done a good job of generating idle dreams and wishful thinking. At least they can't tax you on that though. :-)
 
absolutely retarded...

Honestly.

World does sicken me at times. why cant you just buy 1k dollar chapagne if you are worried that much hell i'm sure not much diff between 200-1k in reality. 87k though *****n joke....

Edit: what you guys said about spending money on research that is pretty cool idea actually made me think.
 
I think too much money will never ruin me. No matter how much i have. I am just that kind of smart person.

So can I ask what you are planning to do with the money donated to your paypal account? Say if you hit the $10,000,000 what projects have you got planned?
 
I don't think you can be too rich, but I think money corrupts very easily. The richest person I know is very, very wealthy but I consider him to be one of my least successful friends as he is in a loveless marriage with horrible children and actually doesn't like spending time with his own family.

Personally, if I have millions in disposable income I would consider it a moral crime to not do some good with it.
 
So can I ask what you are planning to do with the money donated to your paypal account? Say if you hit the $10,000,000 what projects have you got planned?


If you see my site www.asorganicworld.co.uk you will know i've got big project of buying up forests and turning them in to national reserves so Mc Donalds cannot farm them for soya beans.

You can send me as much as possible really. I have no limits in that department. ta
 
. people 'wasting' money keeps the world going round

If I sold £10M gold plated cars to these people then money would indeed be moved around, but that gold plated car is worthless in terms of the waste of resources it represents. I'd just be a parasite on humanity.

She didn't buy $87K champagne because her taste buds approach perfection, she's just a silly girl who wants to impress people with how much money she has - she's has less class than the whole of Essex put together.


Someone suggested this represents jealousy, but what is there to be jealous of? That she has such a poor grip of reality that people won't find her behaviour tasteless?
If I could be bothered I'd probably pity her, to be so fortunate but still be more worthless to society than a Muslim with a raygun.


Bill Gates has the right idea, that one person can not effectively spend large amounts of money by themselves, so it has to be given to people who do actually know where it is best used. I'd love to be in his position.
This girl doesn't, she thinks her money is best spent by herself on herself, on trinkets which embarrass her in front of the world. There is not a lot to envy in her life.
 
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