Berkeley CSUA MOTD:Entry 18909
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2025/05/24 [General] UID:1000 Activity:popular
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2000/8/7-8 [Industry/Startup, Finance/Investment] UID:18909 Activity:high
8/7     A variation on the salary increase question from last week.  Which
        person is considered wealthier according to your standards.  I'll
        take stock options out of the picture, since both persons can have
        stock while making different salaries.
        Person A -- making 120K a year. Spending nearly all the money on
                    expensive restaurants, clothes, a BMW, fancy apartment,
                    etc.  Nearly 0 in savings.
        Person B -- making 70K a year.  Drives an old toyota, rents a house
                    with 3 other people, brings his own lunch.  Saves nearly
                    30K a year.
        \_ This question is flawed.
                \_ I agree.  The question is deeply flawed.  At best you could
                   calculate total worth at the end of each quarter/year and
                   say that B probably owns more than A and is therefore
                   wealthier but quality of life has unmeasurable value.
        \_ both are idiots.
        \_ Both are wealither than me.  I make $90K a year and I don't spend
           money on expensive restaurants (or hardly any restaurants), clothes,
           computers, AV equipments, trips or fancy car, and I only pay
           $2100K/mo on mortgage.  But I still save $0 because I have to give
           $1K/mo and all the money I made from stock options to my parents
           and they still wonder why I'm not saving any money!
           \_ Why do you give them money?  What's wrong with them?
              \_ Must be asian parents.
                 \_ Not all asian parents are like that. My parents
                    (indian) helped my buy my options. jj's parents
                    (chinese) let him freeload too.
        \_ Person A gets more pussy. Person B is more certain to have money
           when he's old, but he'll regret his boring life.
        \_ What about Person C:
           Person C -- making 80K a year. Drives pre-owned luxury car,
                       lives with parents, brings lunch that mom makes.
                       Has fast DSL/Cable line as only recurring expense.
                       Saves ~ 40K a year.
                       \_ Forgot, also has several has several hundred K
                          in options since he has the cash to buy them,
                          unlike A and B.
           \_ Wow, sounds like me.
           \_ And me. Its an economical lifestyle. I'll eventually become
              a millionare.
        \_ Person D -- wealthy in spirit and rich in life.
        \_ This is a trollish lifestyle question, not a salary increase
           question.  My lifestyle has improved from 70k --> 120k but not
           the way you have it.  I don't throw all my money away but I spend
           more now than I did to improve my quality of life.  I also save.
           \_ The question is "who is wealthier".  Not who has better lifestyle
              Lifestyle is highly subjective.  Does bill gates have a better
              lifestyle than Mother Theresa?  More money != better lifestyle.
              Wealth, however, is an absolute measure of money.  Just because
              you make money doesn't mean that you have more.  I'd have to
              say that person B is wealthier for the simple reason that he
              has more money in the bank than person A at the end of every
              year.
        \_ Person C gets no pussy, does he.  Infact, person C probably turned
           to computers as "his olnly friend" when the big bad bullies of
           jr high took his lunchmoney.  This was infuriated later when he
           tried to ask a girl out in high school and she laughed in his face
           awww, poor nerd boy.  poor poor nerd boy.
           \_ The "poor nerd boy" is laughing all the way to the bank.
        \_ Thousands ain't gonna make you rich.  You are lapping at the scraps
           that business folks are throwing at you.  Only relax when you
           can measure your net worth, and holdings and have to use floats
           - paolo
                a career.
             \_ No but options are. By living at home you can afford to max
                out your 401K and your ESPP and buy all your vested options
                which will put you into the big leagues over the course of
                a career. Yes you have no woman, but you $'s. $'s are forever.
                You can use $'s to get women at any age. 40 yr old multi-
                millionare nerd boys can get more play than 24 year old
                BMW boy.
           \_ cunt
           \_ i measure my net worth in octal, i must be poor. you moron.
              \_ no, you're just a smart ass geek.
           \_ decimals: 0.00002
        \_ person A and B are cunts.  In fact so is person C.  That's what C
           stands for.
        \_ I claim that paolo authored this entire motd entry, in a fit
           of jealous rage against kinney.
2025/05/24 [General] UID:1000 Activity:popular
5/24    

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