I Feel Like I Have No Real Interests; My Only Interest Is Making Money • Hacker News Board

Re: I Feel Like I Have No Real Interests; My Only Interest Is Making Money

#211

Post by johnisgood » Wed, Dec 02, 2020, 3:01 AM UTC

ajuc wrote: post #102

pyrrhotech wrote: post #6

I felt like that until I got to around $2.5 million liquid net worth. Now I still like money, but each additional dollar is starting to show diminishing marginal utility. Though of course I'm still trying to grow my net worth, it's no longer the main focus of my life, especially now that I'm "retired" from my main career at least. I split my time between gaming, running, reading, socializing and working on my trading…

Well, I'm in my mid 30s and I only have a fraction of your net worth, but I've decided a few years ago that I'll be splitting my time +- 2 years of working, 9 gap months (spring-autumn), etc. I have a lot of health problems that will probably kill me before retirement one way or another so I don't feel like saving till I'm 45. It helps a lot that I work remotely in IT and live in Poland which is a very cheap country…

I could become homeless any time. I have a client who pays me and I could live in Poland relatively nicely if it was steady. I should probably get more clients, but damn it is hard for me.

I am actually thinking of moving to Poland if this guy keeps paying me, but I probably should go after I got 2 clients minimum.

Re: I Feel Like I Have No Real Interests; My Only Interest Is Making Money

#212

Post by alentist » Fri, Dec 04, 2020, 1:31 PM UTC

dm319 wrote: post #149

mstipetic wrote: post #44

Earlier quoted context omitted.

Germany is not set up to have people get rich from a salary. Everyone has a comfortable life, but it's very hard to get "rich." That's one of the reasons I left Germany

I suspect people who grow up in (basically) a socialist country like Germany, France, Scandinavia etc will have far less impetus to 'get rich'. If you feel secure in being able to maintain an income where you can enjoy both the basic and leisurely aspects of life. That you won't be made bankrupt by illness, or by unfair illegal/legal proceedings. In these circumstances the drive to sit on top of 2.5M to feel relaxed…

None of those countries are socialist. Why are you spreading this misinformation?

Re: I Feel Like I Have No Real Interests; My Only Interest Is Making Money

#213

Post by [deleted] » Fri, Dec 04, 2020, 1:32 PM UTC

alentist wrote: post #212

dm319 wrote: post #149

Earlier quoted context omitted.

I suspect people who grow up in (basically) a socialist country like Germany, France, Scandinavia etc will have far less impetus to 'get rich'. If you feel secure in being able to maintain an income where you can enjoy both the basic and leisurely aspects of life. That you won't be made bankrupt by illness, or by unfair illegal/legal proceedings. In these circumstances the drive to sit on top of 2.5M to feel relaxed…

None of those countries are socialist. Why are you spreading this misinformation?

[deleted]

Re: I Feel Like I Have No Real Interests; My Only Interest Is Making Money

#214

Post by iwangulenko » Tue, Dec 08, 2020, 9:13 AM UTC

quantumofalpha wrote: post #192

artemonster wrote: post #14

Earlier quoted context omitted.

how is it possible to save 2.5 mil from salary? I am from upper 5% in germany in terms of salary, and I can only manage to save ~10kEur/year, while maintaining decent lifestyle. An order of magnitude lower than you'd need to retire with such a sum after 20 years or so. How do you do that? Genuine question

>I am from ... germany Well there's your problem. Extremely few well paying (say $150k+) jobs and crazy taxes don't exactly encourage wealth accumulation. Try Bay Area - with tech salaries there and stocks growth being what they were this past decade, the real question is how is it not possible (if only you wanted) to have made $2M+ working for a FAANG for a decade there. Or at least go for Switzerland, although mark…

Indeed in Switzerland the taxes and living costs are lower than in SF/Nyc; hence, you are more likely to become a millionaire with a tech job here than almost anywhere else.

If Switzerland is an option, ping me. I am a well-connected tech recruiter with a solid network in Zurich, and I worked as a programmer before, so I know the tech scene here inside out.