1. Talk to a therapist and not just tech bros
2. Donate money to people that need it
Ask HN: 27, accidentally became wealthy, lost drive. What should I do?
21–30 of 266 posts
Re: Ask HN: 27, accidentally became wealthy, lost drive. What should I do?
#22Tutor, mentor or educate a child (or several). You'd be surprised how rewarding it is to help other humans.
Re: Ask HN: 27, accidentally became wealthy, lost drive. What should I do?
#23Invest a good portion into real estate and other appreciating assets that interest you to preserve and grow your wealth. Then spend time figuring out your next move.
Re: Ask HN: 27, accidentally became wealthy, lost drive. What should I do?
#24Money isn't your issue, depression is. Previously, you were distracting yourself from depression by chasing some grand ambition: now you don't have that distraction, you're unable to distract yourself. Address your depression, whether that's therapy (a good start) or something else...
Re: Ask HN: 27, accidentally became wealthy, lost drive. What should I do?
#25Talk with your family and friends about it or help them for a finanical stable future even if you dont tell them.
Yh absolutely do not tell your family.
Re: Ask HN: 27, accidentally became wealthy, lost drive. What should I do?
#26Give me your money. Then I’ll be rich and you’ll get your drive back. It’s win/win.
Re: Ask HN: 27, accidentally became wealthy, lost drive. What should I do?
#27Money is not money. Money is the options to do stuff. Are you a creative person? Think about what you can do with some of that money that you want to exist. Do that. Money is just what allows you to do whatever you want, at a certain scale. Do you want to make a business? A community? Hire people? Buy servers? Marketing? Be creative with your money, that should get your fire back. Please don't spend it in spurious sh…
I think your identity function might be broken, money is definitely money.
What is money though? What it has been through time?
Is money cash? Or the bits on your bank's database holding your account.
Or the market value of the stocks you hold, or the cryptocurrency in a wallet, or gold you have in a safe somewhere
What if you are wealthy rich and just take loans (debt) on your stock or whatever?
Money is not just money, and at a certain point, money only matters for what it allows you to do without flexing too much muscle and taking a hit. Wanna cure cancer? Maybe 7.5M can't do it but are a good start. (Hey moderna is going there with the new mRNA vaccines...)
But yeah I'm broken, that I reckon.
Definetly not financial advise.
Re: Ask HN: 27, accidentally became wealthy, lost drive. What should I do?
#28Congrats on your success. There are lots of great things you are in a unique position to help other people with. Not just with your money but something more precious, your time. I am sure there are a lot things you can do in your community. Helping under privileged children with the school work, mentoring HS kids, volunteering at a hospital or shelter for women. It might be some of the most meaningful and rewarding things you will do in your life. You will make life long friends, and I am sure you will find something interesting and will enjoy.
Good luck and have fun helping others!
Re: Ask HN: 27, accidentally became wealthy, lost drive. What should I do?
#29I suggest looking into the FIRE movement. That community has many of the same questions about what to do after reaching Financial Independence, and a lot of people have written a lot of words about their struggles.
Re: Ask HN: 27, accidentally became wealthy, lost drive. What should I do?
#30I love that you didn’t consider yourself wealthy until you sold off the crypto, converted it to fiat, and paid taxes to a government.