A sick persuit of money

The only people that have a problem about people who have money are the ones that don’t have any.

Good uses where money goes is;

Churches
Father Chris Riley
Cancer research
Education etc etc

You see if you don’t have it you can’t give it and the whole world will collapse

resi

Its true,

I get harrassed at work all day because I always look for property. I tell my fellow workers that when I have atleast 1 million equity in my property invsting “I’m outta here!!!”. All they do is complain that property is WAY TOO EXSPENSIVE and the government should do something about it.
But they just dont get it. Always making the boss happy and selling their time in overtime (single rate now). But we have told them once, and thats enough for me.
I agree with you Dr.X and I support you all the way!

Hong Tran

Hi Guys,

We are also full time investors now. It is often awkward when people ask what we do. Usually we reply that we are on holidays or something like that.

Most people just don’t understand that you can still buy houses without a job. Got sick of trying to explain it to people. Especially real estate agents who seem to know less about investing than the man on the street.

We save all the details with the inner circle “family and trusted friends” and just don’t mention investing to the others.

Cheers

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Hi All

I drive a BMW and I also have people making snyde remarks about my being wealthy. I bought the BMW as a present after I had survived the same cancer that killed my father. The car was second hand, 3 years old and the bank still owns it, but it made me feel on top of the world. My beamer has since done 210,000 km and is still in perfect condition.

My husband bought a brand new Lantra a year before and its falling apart now and he will have to replace it soon, so my beamer has turned into a good investment as well.

Unfortunately, those who don’t own a BMW automatically think you are rich and treat you with contempt. I have come to the conclusion that it must be a tall poppy thing and it is really their problem and they should get over it. Meanwhile, I’m enjoying every minute of my car.

Cheers
Sue

I agree with a lot of the posts on here – mostly people are jealous and sometimes it does appear to be easier just to avoid them but I think if you spend most of your time with other positive people who have done well then your own attitude changes and hopefully you can at least accept the other person more.
Not that I have got there yet.
My ex is always digging at us investing in property (he used to be a builder and reckons he knows it all). My partner and I try not to discuss property with them these days but have finded that as we are changing and he stays the same we just have less and less in common to talk about and naturally spend less and less time together.
If everyone was tolerant of other’s choices wouldn’t the world be a wonderful place.

Those who exert negative feelings about how people are motivated enough to use an alternative legal method to earn a living do not understand the most basic meaning of life. It is freedom of choice and to do what they want in life. The weirdest thing about these people is that they will end up retired at the age of 65 and said that they have achieve alot and should be praised for it. Life is too short to be in the “rat race”. I agree that life should not revolve around money but not many will prepared to work like Mother Theresa. God save her soul.

Anyway, everyone want to be good at something be it working in a 9-5 job or investing in properties. There are many types of investors and when the table is turned, non-investors should not be bagged either. They are doing what they want in life. Well…what they think they want in life anyway….even what they are told they should want in life.

Although I am yet a full time investors, I see the value to be one. Everyone should have a dream.. right!!

Personally, I would get on with what I am good at or want to be good at and not waste any brain cells on those who do not understand the real meaning of life.

Cheers,

Having worked for 12 years and being passed over for promotion my thinking changed to I and B .( B is for business. )
Kay has a point about not enough workers. But we can always import them.
The government has shown that not having enough people to do a job is not a problem when providing Technical Schools wasn’t important 15 years ago. I cannot understand how there could be a shortage of skilled trades people now. It’s good that we now have an over supply of University trained people compared to available jobs in Australia. Keep up the good work , we can always rely on our governments to get the levels right between supply and demand in the job market .

I have come to the realisation tht we are trained to be good employees rather than good investors by the school system from the age of 5 onwards to become good employees rather than good investors.

DrX People are clearly jealous!

Some of the few things i have learnt in my young life is that Their is no Right or wrong way to living life and that its not what you know but who you know.

In My high school years i was in realistically lucky to pass school i absolutely cruised through it all. And because i didn’t do TER/TEE/HSC alot of people looked down on me because of it.

Now some of these people are about to start Uni and i’m looking at hitting the 500k Portfolio mark by december.

I found out recently that word has gotten out about my investing successes (also have nice share portfolio) and the amount of envy and dissatisfaction and disenchantment with life is obvious when i talk to these people recently. Some of these people are terrbily upset that i am succeeding and things for them are hard and will be hard with some of the careers.

Am i bitter about what people said to me in High School No! but i do look forward to talking to a few of them in 10 years time and to see how they are travelling with there life. I won’t retire as young as a few people on this site but i will certainly retire before anyone from my year will.

I also understand that i am aided by the fact my career is the best kept secret in West Australian and that i seem to be very interested in investing (talk about it for hours).

But that unfornuetly is life. I’m not arrogant but i will be a classic example of being alot wealthier through investments compared to people living the 9-5 until 60 lifestyle.

Boiler Room… great movie:

“people who say money doesn’t buy happiness don’t have it. Look at me – grinning from ear to ear baby!”

mind you he did go on to presumably get arrested. would have wiped the smile off his face.

INVESTMENT SALES * RENTAL SOLUTIONS * STRATA MANAGEMENT

Geez, what a nice problem to have! Apart from the jealousy thing, I think the problem might lie in how you speak to people about your money/investments. From their point of view it could look suspiciously like boasting. People don’t like bragging about any subject, not just money. I clearly know when someone talks down to me, and thinks he/she is superior. We all need to feel we are treated equally, regardless of status, finance, intelligence etc.
I have run into a few wealthy people in my time and some treat me with respect and some don’t. That goes for poor people as well in fact.