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Ask HN: you're rich, now what?

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151–157 of 157 posts

Re: Ask HN: you're rich, now what?

#152
I run to keep in shape. I would spend some of my extra time making sure I was training to my potential rather than just enough.

I would build a small workshop and/or apprentice with someone to learn how to do some modest woodworking. It appeals to me as a nice hobby, but one which time and resources do not allow me to pursue at this point.

I would practice guitar more often/seriously.

I would read more often, and spend more time in quiet reflection.

I would continue to develop applications, as I love many aspects of it.

I would take a vacation per quarter rather than a vacation per year.

Basically, commit more time to improving myself and my skills rather than committing more time towards improving my financial condition.

Re: Ask HN: you're rich, now what?

#154

Mega mega rich: I would create an electromagnetic cannon to help us escape earth more cheaply and rapidly, and invest in technologies to help us colonize other planets. Leisure rich: I would study martial arts, get personal training every day, and work on projects with my friends.

You'll never get mega mega rich if you go ahead with your leisure rich plan (assuming you make it there). Which is more important?

Re: Ask HN: you're rich, now what?

#155
Aside from the usual self enrichment activities. I would set up a foundation that does many small unique services to a community. Examples: Go around to different communities to offer free construction to link up sidewalks to make it more pedestrian friendly. Consulting and financing to small shoppes so they can stay unique and viable against large competitors. Setup free clinics that solely cater to helping people sleep more restfully.

Re: Ask HN: you're rich, now what?

#156
post #13
post #4

Earlier quoted context omitted.

brilliant. reminds me of the missive: if you are the type of person who would stop working once you obtained a fortune, then you are never going to get a fortune...

Define work? Hopefully I'll get to the point where I can live comfortably off the wealth generated by work I've already completed. If I do, at that point, I won't stop using the computer. I won't stop writing software. I will stop setting the alarm clock though, and I'll stop saying "I have to work" to my wife when I'd rather be spending time with her, and I'll stop working with hard deadlines. I won't sit on a beach…

I work in finance (trading) so from my perspective, I have seen many people come into this field wanting to "get rich." They soon find that the most successful investors/traders are not those who want to get rich, but rather love financial markets. So I am in complete agreement with you. The equivalent, I think, would be me joining a web app startup to "get rich" because I want to be "rich", rather than I am passionate about exploring the problem space that I will solve with the web app.

As a side note, the reason this is always the first site I visit when I am on the internet -- because everybody is exploring their chosen problem space passionately for the fun/excitement of it.

Re: Ask HN: you're rich, now what?

#157
post #6

Earlier quoted context omitted.

Knowing when to quit is also a skill. Especially applicable to professional sports.

Athletes peak in their late 20s and early 30s. In intellectual endeavors (despite prominent counterexamples, half of whom were like Keats or Galois and died on ascent) most people peak in their late 40s or 50s. So there isn't the same call to quit after a few years of success.

i think this web site is sooooooooooooooo fake so dont you try 2 fool other people cause i know
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