You can't tell the young guns - they think they know better. Wait for your come uppances boys. It'll come.
Most rich youngish people are paranoid that others are only after their money. Some are and some aren't.
If I was in power I would have a 10% wealth tax on anything over 10 million with no loopholes or wriggling out of it like many do with the help of bent accountants.
Look at the Trump clan - they always have a scowling look like they just bit into a lemon. Being rich must be a real bummer. A study on peoples income to happiness ratio revealed that once people had a moderate stable income they were just as happy as the highest earners.
That's might be the most socialist policy ever suggested on a site dedicated to amassing wealth through speculation.
Wealth should not be the 'be all and end all' of our short existance on this planet. In my opinion, too many people are fixated on wealth, but that is a monster the western media / marketing has created in the minds of the masses I believe. Rather, success in life is best created by functional families. As against disfunctional families, which tear people apart both inside and outside. I think having lots of wealth is fun and comfortable if used correctly, but for those brought up poor but loved, hey, life can be good and self improvement usually follows.
I believe I could be happy at any reasonable level of wealth at which I could pay my bills. I don't really have to live like a pig. But having money brings me an incredible sense of security. Just not having to worry is what I like best. That's much more important to me than a first-class seat, opera tickets, or a great bottle of wine. Freedom from worry. I was pretty poor in college and med school. I remember traveling across the country as a young person, scared that my old beater would break down in the middle of nowhere and knowing that I did not have the money to fix it. I remember worrying about how I would make my rent and pay my electric bill. I remember going to the grocery store at the end of the month using the change in my jar, which was all I had. At one point, I had no phone. And there were a couple of months when all I ate was granola and peanut butter (granola was cheap in those days, before it became a fad like it is now. No one was eating it that much at the time). I would not want to go back to any of that. I still like peanut butter but I believe granola is indelibly linked in my mind with bad memories
And I guess I should have added that the "poverty" I experienced in America cannot even be compared to what others have lived through here and especially elsewhere on this planet.
Money only changes the worry for worriers. When a worrier is no longer worried about money, health, death, etc become the new focus. surf