4min chapter

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#462 - Nick Maggiulli - The Best Way To Build Your Personal Wealth

Modern Wisdom

CHAPTER

Is There a Point in Life Style Crying?

i wonder whether there must come a point where the critical mass of your wealth can outstrip essentially any desire to spend it, shy of trying to pick up nation states. And that's kind of the story that i was talking about with with the working class thing. It does really seem to be such of two types of people. I mean, i've actually run simulations on this, like, you imagine someone just getting raises overtime ands likey straight linear raises overtime. Of course, that's not exactly how the world's going to work. The question is, how much of my raises can i spend to stay on that track? Yes, so to protect yourself against life si creep.

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