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I am rich and have no idea what to do

vinay.sh

321–330 of 1001 posts

Re: I am rich and have no idea what to do

#321

I have the opposite problem: I’m dependent on my job’s salary but know exactly what I want to do instead. Unfortunately the job makes my life so drained I can’t pursue my true callings.

This is true pain. To think a rounding error could free grinders like us to solve Actual Problems like disrupting Chrome hegemony, building user-respecting OSes and relighting the now nearly dimmed torch dropped so many years ago by Mozilla.

Hopefully one day we can..

Re: I am rich and have no idea what to do

#322
Just a thought I’d like to share: the finish line to “Fuck you money” (FUM) isn’t even remotely close to the $60m mark. It’s not even beyond $100,000. Once you have no debts nor a mortgage, and you have $100k in savings, you have FUM, because suddenly you need $25k a year to live well.

I say this as a member of this community, who are (generally speaking) relatively well paid folk in IT.

If you have a partner in life then you’re even better off again.

I don’t believe it’s actually that hard to reach FUM if you’ve got your fair share of luck, discipline, a partner, and the stable environment. For those who don’t have those things, I respect your position and wish you the best of luck — I’m sorry life is harder for you.

Edit: I’m aware you need insurance too, for health, life/death, accidental, etc. Again, you need a stable environment to make this work and be easier to achieve — the USA is not a safe nor stable environment.

Re: I am rich and have no idea what to do

#323
Sorry but I’m not going to upvote this, instead I’m going to act like the rest of the normal people and say WTF? You have so many millions and don’t know what to do? You’ve attained financial and work freedom and yet you complain? What is wrong with you rich people? If I had 400k I would live a trouble free and happy life and we have rich people coming here on HN to rub in our faces their zeroth world problems… I don’t care if I get down voted or my comment gets deleted, but I feel sorry for the OP :-(

Re: I am rich and have no idea what to do

#325
post #237

Probably not gonna get upvoted but I’m pretty surprised none of the the top comments mentions volunteering or philanthropy. I believe people who get lucky should land a hand in making the world a better place. We are facing huge crises (climate change to name one) and as a wealthy individual you have both the time to spend helping to fix that and the fortune to donate. Being a smart wealthy individual just makes ever…

I'm amazed he didn't even seem to entertain it as an option. It's quite unusual because even a total narcissist would eventually land on philanthropy as an ego-trip

Re: I am rich and have no idea what to do

#326
post #306

Regarding the part of breaking up with girlfriend shortly after a winning startup exit, I'm reminded of a friend. (Different situation, but something to think about.) She saw her bf through the difficult process of a developing a creative work, and eventually he completed it, won a prestigious reward... and he broke up with her. He got invited to the White House because of the award, and I think missing out on that r…

Sure, awkward timing.

But the alternative would be to change the timing for… optics?

Re: I am rich and have no idea what to do

#328
post #306

Regarding the part of breaking up with girlfriend shortly after a winning startup exit, I'm reminded of a friend. (Different situation, but something to think about.) She saw her bf through the difficult process of a developing a creative work, and eventually he completed it, won a prestigious reward... and he broke up with her. He got invited to the White House because of the award, and I think missing out on that r…

Yeah, I found that quite shitty. Some vague Bollywood BS about finding oneself and no meaningful reasons for ending a 2yr long relationship.

Re: I am rich and have no idea what to do

#329
post #326
post #306

Regarding the part of breaking up with girlfriend shortly after a winning startup exit, I'm reminded of a friend. (Different situation, but something to think about.) She saw her bf through the difficult process of a developing a creative work, and eventually he completed it, won a prestigious reward... and he broke up with her. He got invited to the White House because of the award, and I think missing out on that r…

Sure, awkward timing. But the alternative would be to change the timing for… optics?

No, the alternative would be to not drop your gf merely to "find yourself".

Re: I am rich and have no idea what to do

#330

As a young(ish) man with retirement level wealth personally I don't understand this primarily I suppose because my main passions in life are not profitable. Great, so now I don't have to profitmax every single thing and can rely on my investments. That means I can study pottery, languages, learn about cars, guns, travel, spend time with my old mum, family, start a small business, whatever it is, without care for whet…

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