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The meaning of Rich
Old 02-27-2019, 08:12 AM   #1
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The meaning of Rich

I always liked this. Not sure if anyone has read "The Old Man and the Boy" by Robert Ruark. I haven't but have heard a lot of good comments on the book.
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Old 02-27-2019, 08:27 AM   #2
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Nowadays, we need a little more to be happy.

Like an Internet connection to surf the Web, and to chat on a forum.
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Old 02-27-2019, 08:42 AM   #3
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That is true, for me with a very humble upbringing, it doesn't take to much, but yes I sure would miss the things you mentioned.
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Old 02-27-2019, 08:48 AM   #4
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Just jesting. I totally agree that one does not need to have "everything" in order to be happy.

It's wonderful to live in this modern age, where everything is so affordable and everyone can have things not imaginable 20 years ago. Instead of the latest $2000 foldable smartphone, one can be happy with something 1/10 the price.

I believe in the law of diminishing returns. I never crave to have the best of anything.
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Old 02-27-2019, 09:00 AM   #5
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Wow - Iím rich - at least by the op meaning.
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Old 02-27-2019, 09:37 AM   #6
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I like the definition Pirkei Avot gives, simple and straight forward. He who is happy with what he has is rich:

"Who is a rich man?
One who is happy with his portion, as it is said, “You shall enjoy the fruit of your labors; you shall be happy and it will be good for you.” "
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Old 02-27-2019, 10:11 AM   #7
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Who is rich? Anyone with more than I have!
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Old 02-27-2019, 10:19 AM   #8
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Went to Panama last week and was very happy. Food and drink was wonderful, weather very nice. And then at the end of our partial canal excursion we passed the ArtessaIV. I'm now not happy and envious:


https://www.boatinternational.com/ya...sterpiece--247
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Old 02-27-2019, 10:37 AM   #9
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I got all the stuff that Ruark mentions except the boat. Boat coming soon!
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Old 02-27-2019, 10:49 AM   #10
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Bill Gates says it's nice not having to worry about the price of groceries, etc...
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Old 02-27-2019, 11:06 AM   #11
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Bill Gates says it's nice not having to worry about the price of groceries, etc...

or yachts
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Wild Bill shoulda taken more out of his IRA when he could have. . . .
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Old 02-27-2019, 11:16 AM   #12
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I got all the stuff that Ruark mentions except the boat. Boat coming soon!
LOL I like that a lot.
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Old 02-27-2019, 11:25 AM   #13
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Being rich is being able to write this post at 1:25pm on a Wednesday instead of being at work.
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I'll be rich when I can afford subjects in my sentences
Old 02-27-2019, 11:33 AM   #14
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I'll be rich when I can afford subjects in my sentences

Don't know what it is, but do know what it's not: me.

Still at the sweatshop, so not rich. Maybe someday...
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Old 02-27-2019, 11:34 AM   #15
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His list is a little different than mine, but I agree with Mr. Ruark and Dtail.
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Old 02-27-2019, 11:41 AM   #16
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Sometimes more stuff equals more stress. I owned an aircraft a few years back and while it was a lot of fun to travel around whenever I chose to fly, the constant outlay of $$ drove me nuts. Hangar fees, maintenance costs, insurance, annual property tax (just like a house), fuel, etc, made the flight-hour cost way more than if I just rented a plane at the local FBO. Even though I could easily afford it, there was a low-level angst that drove me to sell it after about 4 years.
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Old 02-27-2019, 11:46 AM   #17
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I got all the stuff that Ruark mentions except the boat. Boat coming soon!
Darn, I missed that about the boat.

I did notice the fishing pole being mentioned, and I do not even have that, but let it pass because I like to eat fish but just buy it in stores.

I am definitely not rich because I do not own the above 2 things. The picture also shows some dogs, which I also do not have. My cat died a few years ago, and I have not gotten myself a replacement kitty.

I am poor!
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Old 02-27-2019, 12:07 PM   #18
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I had a college roommate we called Rollo. He grew up in an incredible antebellum mansion with a 150 acre manicured front yard and miles of white wood fencing. The horse barn was full of show horses that cost $100K as a yearling. Knock on the front door and a butler answered. He also served us at meals that were prepared by a cook. His mother never cooked a meal in her life. And I cannot recall anyone leaving that house sober. Their friends were elitists.

Yes, they were rich in some ways but not in others. The parents divorced after 30 years of marriage. And inflation is especially an enemy of trust funds setup in the 30's. Two generations later, no one is rich monetarily. Sometimes rich is a timely thing.
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Old 02-27-2019, 12:11 PM   #19
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Originally Posted by cbo111 View Post
Sometimes more stuff equals more stress. I owned an aircraft a few years back and while it was a lot of fun to travel around whenever I chose to fly, the constant outlay of $$ drove me nuts. Hangar fees, maintenance costs, insurance, annual property tax (just like a house), fuel, etc, made the flight-hour cost way more than if I just rented a plane at the local FBO. Even though I could easily afford it, there was a low-level angst that drove me to sell it after about 4 years.
So true, it's even true with money, it can cause stress.
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Old 02-27-2019, 04:28 PM   #20
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The two best days in a boat owners life....the day they buy it, and the day they sell it.

I may get another small 14' with an electric trolling motor, but no more ski boats for me.

Everyone wanted a day on the lake, but I always felt responsible for their enjoyment, and safety....angst !
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