LogFAQs > #974391040

MabinogiFan posted...

Tbh that sounds terrifying in its own right. One second you're alive, the next you're dead. You're entire existence and sense of self vanishing in an instant.

Very creepy to think about.

It's scary to think about, but the actual experience would be over too quickly to be frightened by it in the moment.

It's also worth noting that that's how a non-trivial number of road fatalities happen. Sometimes, people don't even have a chance to notice that anything's wrong before they're killed by the impact.

MabinogiFan posted...

That is a lot of money huh. Even if you spent a maximum of 100k a year, you'd still be set for 100 years. You probably couldn't afford a mansion on that budget, but I'd imagine you could still find a very nice house.

More than that, invest that $10 million at a modest 5% return, and you get $500,000 a year for free, which is more than enough to live comfortably on indefinitely.

argonautweakend posted...

The thing about rich people is, they make awful financial decisions all the time. People may say a rich person who still cuts coupons got rich because of that mentality, but they say nothing when they buy a 500,000 dollar brand new Rolls Royce which could be purchased for a fraction of the cost 5-10 years later, because they absolutely do not retain value.

The thing is, those decisions simply don't affect them like they do us. I was talking with my girlfriend about the whole sub thing, and she mentioned how ridiculous it was to spend $500,000 on a father's day present (two tickets). For somebody with 1 billion dollars to their name, that's 0.05% of their money (1/2000). To scale that down, for somebody with $100k (which already puts them quite a bit ahead of most of America), that would be $50, which that person would never think twice about spending for a special occasion. It's a testament to the baffling scale of a billion dollars to realize that, but that's the reality of the situation (and most billionaires have more than just 1 billion).

It's also not strictly a linear comparison like that, since how disposable wealth is depends more on how much is left afterwards than what percentage it comprises. If you have a million dollars and spend $500,000 of it on some frivolous luxury, you're still in pretty good shape. If you have $100 and spend $50 of it on some frivolous luxury, you're an idiot.