KackToodles is quite reasonable and sound on this one. This is a very good point. Seriously. The lifestyles described would require much more than $30,000,000.I know someone who hit it and made about $20,000,000 (won't go into the details). When it happened, he said "I'll never have to worry about money again."However, about 20 years has passed now and the following happened in those years:--Bad investments in stocks--Learned that houses aren't the investment he thought they would be--Piece of crap high-end cars (won't mention the brands) with built-in defects to cause high repair/maintenance--A son who grew up a loser (the son's lifestyle has to be paid for but he himself doesn't do anything to replace the money)--Keeping grandson out of jail and trouble with the cops--A grand child born with health problems that keep it sick pretty much all the time. ($$$$$$$$$$$$$) There is something to be said for genetic screening before having a child, as much as I hate to say that.--His own health problems (he's up to $3000/month in medicine now)--General waste by the kids (trips to Europe, new cars that have to have all the features on and on).He's down to about $2,000,000 now, which will mostly go to the loser son and the sick child, and then it will pretty much be gone.Remember, among the wealthy today, a "millionaire" is a person who has $1,000,000 of spendable income every year.With $30,000,000, if a person carefully worked with a good financial planner and attorney to avoid being poped with some crazy suit, then you and YOU alone could live a pretty good life.But, that means not marrying, not having kids, and being very careful. Otherwise, you could kiss it good-bye in 5 or 10 year or so.
Last edited by CactusMan
on October 4th, 2006, 10:00 pm, edited 1 time in total.