Just curious how some of you may have navigated this. I'm doing quite alright but suspect that gap will widen significantly in the coming years with $TSLA.
I skirted the subject with a best friend, wondering how one with a financial advantage could help another get ahead. Or at the very least keep your friends and enjoy what you've earned a little bit without showing off too much.
Like wondering at what point...hypothetically if one bought a house could it be okay to subsidize rent or let friends live there for free. His answer being along the lines of - If he's not paying his way fairly or something in return there would be a feeling of ownership like he's been bought, like he would never be able to complain about anything in the house. Yet collecting the rent would be like a tear in the ocean for the owner. That is just such a minor advantage too, I'm talking like 1200 a month for somebody making around 100k.
He suggested the wealthy person could use their influence to accelerate their career. Yet I feel that's just as bad because then you have no idea if you deserved a promotion at work etc.
It seems frustrating to have the ability to do most anything and yet you can't share it.
Is stealth rich really the way to go? Wouldn't you want a decent vehicle like a Tesla and a moderately nice house you can't ever invite anyone to?
Even without my Tesla investments I'm noticing widening socioeconomic gaps in my friends circle and not sure how to deal with it.
While they'd be dead set against being given money, and I agree handouts are probably kinda crappy I wanted to pose a question:
You would accept the money if it was Willed to you upon death, why not accept something from the living and enjoy it with them?
Being rich all alone doesn't sound like fun. How does one change their mindset about money if they've lived with scarcity all their lives.
Maybe I should just sell everything before this becomes a problem
All I got so far is: A. don't tell anyone, pretend you have nothing.
B. Get friends in on a lottery ticket and buy the winning ticket from someone.
I skirted the subject with a best friend, wondering how one with a financial advantage could help another get ahead. Or at the very least keep your friends and enjoy what you've earned a little bit without showing off too much.
Like wondering at what point...hypothetically if one bought a house could it be okay to subsidize rent or let friends live there for free. His answer being along the lines of - If he's not paying his way fairly or something in return there would be a feeling of ownership like he's been bought, like he would never be able to complain about anything in the house. Yet collecting the rent would be like a tear in the ocean for the owner. That is just such a minor advantage too, I'm talking like 1200 a month for somebody making around 100k.
He suggested the wealthy person could use their influence to accelerate their career. Yet I feel that's just as bad because then you have no idea if you deserved a promotion at work etc.
It seems frustrating to have the ability to do most anything and yet you can't share it.
Is stealth rich really the way to go? Wouldn't you want a decent vehicle like a Tesla and a moderately nice house you can't ever invite anyone to?
Even without my Tesla investments I'm noticing widening socioeconomic gaps in my friends circle and not sure how to deal with it.
While they'd be dead set against being given money, and I agree handouts are probably kinda crappy I wanted to pose a question:
You would accept the money if it was Willed to you upon death, why not accept something from the living and enjoy it with them?
Being rich all alone doesn't sound like fun. How does one change their mindset about money if they've lived with scarcity all their lives.
Maybe I should just sell everything before this becomes a problem
All I got so far is: A. don't tell anyone, pretend you have nothing.
B. Get friends in on a lottery ticket and buy the winning ticket from someone.