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I went through a period where I loaned money to anyone that asked me

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Re: I went through a period where I loaned money to anyone that asked me

#12

I loan money to people and never expect to be repaid. If someone asks for $2k I give them $5k. $400 give them $1k. Sometimes I get paid back. Usually not. It’s because people are aware I have money so various people ask. The goal isn’t to get paid back. Often these acquaintances cut off all contact. The goal is to never be asked for money again and slowly bled out by frequent sob stories. If they know they are alread…

Same here. If I'm able, I'll loan whatever amount necessary. Some people pay it back, some don't. I never tell them they have to and I never expect them to. In most cases it's been worth it, because 1) they know they can count on me when they're having trouble (and that's important to me) and 2) I've found they'll help me in whatever they can if I do need help.

I've also asked friends for money and I've been incredibly grateful to have people who have had my back in that way. There's a sense of security there that's invaluable.

Some people are just perpetually bad with money and always come back for more, and that's okay too. As long as I can afford it, I don't mind helping somebody out of a tough spot, even if it's semi-regularly.

I wonder if Carmack ever regrets lending money to somebody.

Re: I went through a period where I loaned money to anyone that asked me

#13

I loan money to people and never expect to be repaid. If someone asks for $2k I give them $5k. $400 give them $1k. Sometimes I get paid back. Usually not. It’s because people are aware I have money so various people ask. The goal isn’t to get paid back. Often these acquaintances cut off all contact. The goal is to never be asked for money again and slowly bled out by frequent sob stories. If they know they are alread…

Can I have $2k

Re: I went through a period where I loaned money to anyone that asked me

#15

I loan money to people and never expect to be repaid. If someone asks for $2k I give them $5k. $400 give them $1k. Sometimes I get paid back. Usually not. It’s because people are aware I have money so various people ask. The goal isn’t to get paid back. Often these acquaintances cut off all contact. The goal is to never be asked for money again and slowly bled out by frequent sob stories. If they know they are alread…

But do you give the loans out only in monero

Re: I went through a period where I loaned money to anyone that asked me

#16
post #9

I loan money to people and never expect to be repaid. If someone asks for $2k I give them $5k. $400 give them $1k. Sometimes I get paid back. Usually not. It’s because people are aware I have money so various people ask. The goal isn’t to get paid back. Often these acquaintances cut off all contact. The goal is to never be asked for money again and slowly bled out by frequent sob stories. If they know they are alread…

Would telling them to go fuck themselves not be cheaper and easier? Edit: I don’t have fuck you money, so I am actually ignorant of the dynamic you’re describing. I’d rather be known as an asshole with backbone than a rich sap though. One of those looks more like a mark than the other.

Yep, especially since leeches come asking for more and more.

And I understand if it's a sick kid or some other kind of an emergency... but people overstretch for luxuries.

Re: I went through a period where I loaned money to anyone that asked me

#17

I loan money to people and never expect to be repaid. If someone asks for $2k I give them $5k. $400 give them $1k. Sometimes I get paid back. Usually not. It’s because people are aware I have money so various people ask. The goal isn’t to get paid back. Often these acquaintances cut off all contact. The goal is to never be asked for money again and slowly bled out by frequent sob stories. If they know they are alread…

What happens to with the people who do come back? Let's say you loan me $5k and I come back and ask for another $2k, what's your response?

Re: I went through a period where I loaned money to anyone that asked me

#18
Seems like the case of wealth that cannot be hidden from one's circles (and the outside world) due to him being so well known as a person in tech at the time of Doom's cultural zenith and being in the news cycle so often.

I wonder if most often the smart move is to make sure that one's sudden acquisition of wealth (say the sale of a startup-now-a-successful-scaleup) is hidden from one's even closest circles to avoid the curse of the lottery winner as well described in the famous reddit thread: https://www.reddit.com/r/AskReddit/comments/24vo34/comment/c...

But I also wonder if trying to hide one's wealth that much comes at the price of social isolation, where you have to reduce your contacts with the outside world to avoid flashing the new possibilities that your wealth opened to you. Or you make sure your lifestyle doesn't change at all, but then you cannot take advantage of your wealth either.

Re: I went through a period where I loaned money to anyone that asked me

#19
post #9

I loan money to people and never expect to be repaid. If someone asks for $2k I give them $5k. $400 give them $1k. Sometimes I get paid back. Usually not. It’s because people are aware I have money so various people ask. The goal isn’t to get paid back. Often these acquaintances cut off all contact. The goal is to never be asked for money again and slowly bled out by frequent sob stories. If they know they are alread…

Would telling them to go fuck themselves not be cheaper and easier? Edit: I don’t have fuck you money, so I am actually ignorant of the dynamic you’re describing. I’d rather be known as an asshole with backbone than a rich sap though. One of those looks more like a mark than the other.

Do you often consider friends and family as rich saps or marks?

Re: I went through a period where I loaned money to anyone that asked me

#20
post #11

I'm surprised American McGee hasn't paid him back prior to this. I always assumed that McGee was more successful than he apparently was. Probably due to him putting his name in front of the game's title.

Sounds like McGee might not have got his fair share of Id's success. Maybe Carmack felt bad about that.
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