Earlier quoted context omitted.
Exactly right. Indulgences become necessity when one moves up the affluence ladder. I love your go-to bag example which I wished to have but never did. In a weird way because I have more time to pack but not much resources or time to travel anyway.
Why maintain a grip you never expect to need?
What do wealthy people buy, that ordinary people know nothing about? (2015)
771–780 of 829 posts
Re: What do wealthy people buy, that ordinary people know nothing about? (2015)
#772Earlier quoted context omitted.
> But yup: buying x times the exact same car when times comes to change cars is kinda just weird. Is it? I'm on my second iPhone 13 mini, this one being the replacement after the first died of a drop. There are two more stored in the attic, each preconfigured with the accessories I like and with a SIM from my provider in the box. So if anything happens to this phone, as soon as I get home I just break out #3, restore…
> Scale the dollar amount up a few orders of magnitude But that's what makes it "weird". Most people can't afford to do that. As you point out, it mashed a certain amount of sense, but we're in the midst of an housing crisis. People who have enough money to own, not just multiple houses, but so many cars that they got tired of different cars so they just bought more of the same? Weird because I've never done that. Ho…
It's not about concurrent use at all. It's all about availability. I had my simple, trusty Logitech keyboard and mouse. And 2x more of each, in a box, in a cupboard. I'm not using them. But I have the comfort of knowing that if either fails, I'm back up again in two minutes. That, for me, is comfort.
Now, if I had two workplaces (for example home and the office) would I carry my hardware between places? If I can't afford to buy two of them, yes. But if I can afford to pay 20€ twice, I'll have one keyboard at home, the same keyboard at the office, and so. That, for me, is comfort.
Now, scale the keyboard for 20€ to a Lexus for 40k€. Same thing.
Re: What do wealthy people buy, that ordinary people know nothing about? (2015)
#773Earlier quoted context omitted.
> Price is 3-4 times higher but it lasts 5-10 times longer and is much more pleasant to use. "The reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money. Take boots, for example. ... A really good pair of leather boots cost fifty dollars. But an affordable pair of boots, which were sort of OK for a season or two and then leaked like hell when the cardboard gave out, cost about…
Probably $200 for a good pair of boots
After punishing them heavily with hiking, working (concrete, dust, mud, stones, rocks, metal, paint...), running, sports, climbing... they are quite weathered but as good and comfortable as new. I just wish I could buy the same exact ones again.
Re: What do wealthy people buy, that ordinary people know nothing about? (2015)
#774Earlier quoted context omitted.
I'm curious about this though, does a rich man actually wear the same pair of boots for 10 years? That being said, I've noticed that a lot of clothes that I bought 10 years ago or so are of pretty high quality compared to today, (and no, they are not rich man's clothes). Some of them I actually have been wearing for more than 10 years now.
Oh hey I'm uniquely positioned to answer this; though I'm in tech (and at this point frankly speaking well-compensated) my family have been bootmakers for decades. I'm sitting at a tech office right now wearing a pair of boots that my father made for me in 2015 - regardless, they're absolutely spotless and I'd wear them to a formal event without hesitation. Every 6 months or so when I'm by his store I shine them up a…
I took them in to be rebuilt, but after inspection they said the stiffener had come loose, and nothing could be done. Here have your expensive and now broken boots back.
I'd assumed when I got them I'd be wearing them for decades, and at least a few rebuilds. Maybe there was something wrong with that specific pair, but I did have a goodyear welted sole randomly detach from a pair of six month old city shoes from the same firm. And yes I had been looking after my shoes (frequent cleaning and polishing, always using shoe trees, skipping days between wears, etc).
When I had a pair of Church's fall apart I put that down to them no-longer being a quality brand, but now I don't think you can guarantee a long life just as the shoe was expensive and from a reputable brand. I have many shoes that have lasted better (and now since covid I don't wear polished shoes daily), but that does sometimes feel like luck of the draw.
Re: What do wealthy people buy, that ordinary people know nothing about? (2015)
#775Earlier quoted context omitted.
Oh hey I'm uniquely positioned to answer this; though I'm in tech (and at this point frankly speaking well-compensated) my family have been bootmakers for decades. I'm sitting at a tech office right now wearing a pair of boots that my father made for me in 2015 - regardless, they're absolutely spotless and I'd wear them to a formal event without hesitation. Every 6 months or so when I'm by his store I shine them up a…
Not all boots are made the same though. I had some bad luck with a pair of veldtschoen welted boots from the English firm Crockett and Jones in a custom leather. The commando sole split twice at the toe, which they repaired, but after less than five years of wear the lining at the heel had worn through. I took them in to be rebuilt, but after inspection they said the stiffener had come loose, and nothing could be don…
Church's was unfortunately bought by Prada, and is now a fashion brand more than a traditional high quality shoemaker.
Re: What do wealthy people buy, that ordinary people know nothing about? (2015)
#776Earlier quoted context omitted.
So it does for many ordinary people. Money can't buy happiness but nether could the absence of money. It's not really a good argument against money.
What? Money absolutely CAN buy happiness. What do you even talk about? Probably all of the current problems in my life could be solved with money.
CAN you be happy because you have money? Yeah, why not. WILL you be happy if you have money? No guarantees at all.
Re: What do wealthy people buy, that ordinary people know nothing about? (2015)
#777Earlier quoted context omitted.
Why maintain a grip you never expect to need?
The incredible comfort of having readily available that thing which you never, never need, but for some reason you suddenly do now.
Re: What do wealthy people buy, that ordinary people know nothing about? (2015)
#778The referenced reply is dull. It's very pretentious but just reiterates common knowledge, it doesn't convey any useful information. For example I wish someone told me about the existence of Miele kitchen equipment before I accidentally rented an apartment of a well-to-do woman. She renovated it for herself but then rented out when circumstances changed. Similarly it took me a long time to realize just how much better…
Re: What do wealthy people buy, that ordinary people know nothing about? (2015)
#779Earlier quoted context omitted.
Maybe, but you declined taxation that could be used for financial redistribution and just said "we should get rid of them".
No, I did not. Why are you so protective of the people destroying our present and future?
In what why am I protective of rich people? Just by asking for what you mean?
Re: What do wealthy people buy, that ordinary people know nothing about? (2015)
#780Earlier quoted context omitted.
As a person who's installed quartz countertops for a living, I'd shy away from IKEA kitchens. I agree with your point, but I'd take exception to the general quality of their cabinets in Canada at least.
Idk, I've seen 40-year-old Ikea cabinets being totally fine (in France). Nowadays, the trend is that people buy the cabinet frames from Ikea, and then buy the doors, handles, and bottom support from someone else who makes more durable ones. The thing is that with Ikea, I kind of know what I get. From a custom kitchen cabinet maker, I could get something that lasts a lifetime, or something that wears quickly.