Originally posted by dadudemon
Actually, it does bring you happiness but after 150k a year, it had diminishing returns.At the super ultra rich level, though, it takes a look to maintain those empires. Very stressful. And you have to have OCD.
The statement money can't buy happiness always struck me as silly. Imagine having a child who is very sick and needs a costly life saving surgery.
If the child's parents were given the money, isn't that money buying happiness?
At the same time, you could have a rich couple whose sick child is beyond our help.
So it depends on the status and situation of the person. If you're someone who isn't rich, yes...if you somehow become rich that will buy happiness. It won't last forever, but people will be happy to pay off bills and move into a better home, etc. Once they are settled in yes it is true being rich won't be the only thing keeping them happy, but it will allow them to pursue whatever goals in life they want...with very little restriction.
If they want to travel they can go mostly anywhere, if there is a fancy school they wanna attend they can now afford it. They can send their kids to the best schools, etc. There is also the peace of mind that comes with never having to worry about money again. People who have been rich their entire lives will never have that, those that didn't start out rich will have it.
Most of the stuff on Amazon and ebay is owned by the same small group of people.
It works like this: Retro gaming becomes popular. These guys probably already cornered the market by buying everyone cheap, before the boom. Then they make lots of socks accounts, or sell through various middle men, to make.it LOOK like there's a competitive market, when they ARE the market.
I mean, why not? Corporations spend billions as an investment, so why not just invest in owning one or two markets in total (Or more). In the hopes it pays off, and you recoup 4,000%.