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Who here is wealthy?

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  • Who here is wealthy?

    I'm referring to those who have limited liabilities and an abundance of profit generating assets.

    Who makes enough on investments(assets) to live without a 9-5.

    I would like to hear the stories for those who have escaped out of the rat race, what did you invest in, stocks, businesses, real estate, etc. Care to share your story? I, like the high majority of Americans, have been putting too much money in the liability column and I would like to shift it to the asset column.
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  • #2
    I ain't talkin' bout rich, I'm talkin' bout wealth!

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    • #3
      My paltry advice: Be sure you have good insurance. You may unintentionally exit the rat race one day. Also, figure out how to live more cheaply. Having..2? kids that are under 5, you are in an uphill battle like a mofo, sir.

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      • #4
        Originally posted by talisman View Post
        My paltry advice: Be sure you have good insurance. You may unintentionally exit the rat race one day. Also, figure out how to live more cheaply. Having..2? kids that are under 5, you are in an uphill battle like a mofo, sir.
        Our day care is 2 times our cheap house payment.

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        • #5
          With wealth comes a whole new set of liabilities.
          Originally posted by BradM
          But, just like condoms and women's rights, I don't believe in them.
          Originally posted by Leah
          In other news: Brent's meat melts in your mouth.

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          • #6
            I'm pretty sure lincolnboy is.

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            • #7
              Originally posted by Ted View Post
              Our day care is 2 times our cheap house payment.
              Im dead nuts even, house payment and day care.

              I could have a boller ass lake house for what I pay in day care costs.
              "If I asked people what they wanted, they would have said faster horses." - Henry Ford

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              • #8
                Originally posted by Baron Von Crowder View Post
                Im dead nuts even, house payment and day care.

                I could have a boller ass lake house for what I pay in day care costs.
                I hear ya.. Little over $1300 a month in child care, two kids under 3.
                You remember the stories John use to tell us about the the three chinamen playing Fantan? This guy runs up to them and says, "Hey, the world's coming to an end!" and the first one says, "Well, I best go to the mission and pray," and the second one says, "Well, hell, I'm gonna go and buy me a case of Mezcal and six whores," and the third one says "Well, I'm gonna finish the game." I shall finish the game, Doc.

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                • #9
                  Its to the point where a stay at home parent will be back imho. Unless there is a way to write it off.

                  I dont have kids so i dont know wtf you guys go through. I just see dollar signs flying.

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                  • #10
                    This is DFWmustangs, bunch of broke mofo's

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                    • #11
                      Originally posted by BradM View Post
                      I'm pretty sure lincolnboy is.


                      I think you beat me by .75 mill.

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                      • #12
                        Originally posted by Sleeper View Post
                        Its to the point where a stay at home parent will be back imho. Unless there is a way to write it off.

                        I dont have kids so i dont know wtf you guys go through. I just see dollar signs flying.
                        we did that for the last 2 years to curb the daycare costs. Now, she works pt at home at night. It helps out a lot.

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                        • #13
                          I have no cowskin rug so I am not wealthy.

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                          • #14
                            Originally posted by Sleeper View Post
                            Its to the point where a stay at home parent will be back imho. Unless there is a way to write it off.

                            I dont have kids so i dont know wtf you guys go through. I just see dollar signs flying.
                            I've made it this far without a kiddo... I gotta get a vasectomy done asap

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                            • #15
                              Those who exit the rat race, by going from a little to a lot, have either won the lotto or started a successful business that runs well on its own.

                              Also, true wealth is subjective. Being debt free, a happy home life and having a little change in your pocket for an ice cream cone is wealthy to many people.
                              The richest man in Babylon

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