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Ask HN: It seems like everyone is getting rich?

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Ask HN: It seems like everyone is getting rich?

#1
It seems like everyone is getting rich these days: index funds , crypto, stock trading, collectibles, Wall street bets, tech jobs, fang jobs, home prices, prestigious jobs, etc.

How do you prevent becoming discouraged or distracted when there seems like so many opportunities calling and so many people doing better

Re: Ask HN: It seems like everyone is getting rich?

#2
Despite so many having so much, it doesn't make them any happier. We still see suicide, overdose, greed, selfishness and many other problems. Yes, money does make things easier for those who possess it, but it shouldn't be the goal. Look at the positives in your life, be grateful, pursue meaningful experiences with the ones you love and live within your means. Strive to be better each day in all of the areas that are important to you.

Re: Ask HN: It seems like everyone is getting rich?

#3
If it is any consolation, we will probably experience massive inflation in the next 20-30 years. Those with primarily financial (and not physical) assets will be hardest hit. At some point the economic wizardry will hit the fan.

But on a less depressing note, I suggest paying less attention to the areas where people are “getting rich.” Money isn’t the measure of true value and you will rarely find a correlation between wealth and wisdom.

Re: Ask HN: It seems like everyone is getting rich?

#6
How do you not become discouraged? You don't have your identity in doing better than everyone else. And you don't have your happiness in how much money you have or in what you can buy.

And how do you do that? Aye, there's the rub. I think you do it by having your identity and your happiness somewhere else. You need more than just "not there". You need a specific somewhere else.

For me, it's in Jesus Christ and his love for me. (I recognize that most people here won't grab that as their answer...)

Re: Ask HN: It seems like everyone is getting rich?

#7
There's an old commercial where a guy is mowing his huge lawn in front of his huge house and he says "Someone help me. I'm in debt up to my eyeballs."

Lots of people make lots of money and then don't hang onto it. Lots of people who seem to be doing well aren't. It's sometimes all appearances.

I definitely need more money than I've got but... I am not overly impressed with the people who "have dozens of friends and the fun never ends, that is as long as they're buying."

There's also the great song "You don't know how it feels (to be me)" by Tom Petty.

https://www.youtube.com/watch?v=9TlBTPITo1I

Re: Ask HN: It seems like everyone is getting rich?

#9
Focus on building a life that operates from love and abundance rather than fear and lack.

Grow your skills so you can be of service to others.

These two things will make you most likely to become rich.

“Mastery of Love” and “Millionaire Fastlane” are two books I would recommend.

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