Comment on Do rich people only wear designer clothes? Like, every piece?
AskewLord@piefed.social 5 days agoYou know nothing about money. You sound like someone would sell their house to buy a Ferrari and wonder why they are broke a few years later.
Asset value appreciation is not income. You seem to be under a total delusion she is making 2 million in cash a year. She isn’t. They make like 500K in income, and after taxes it’s like 300K. Doctors make more than her and her husband do. Do you think a doctor chartering flights?
You are talking about people who have $500 million in assets.
Professorozone@lemmy.world 4 days ago
You have no idea what I know. Anyone with a $50M net worth and I’m assuming that’s what you are talking about, that can’t generate more than $500k a year, is a friggin moron. It’s not hard to believe since she’s related to you and there is no real requirement to be smart to be rich. You just have to lack a moral compass.
AskewLord@piefed.social 4 days ago
Right, so she’s an idiot for not investing in the slave trade or something now?
I’m blocking you because you’re so incredibly wrong and demonistration an absurd amount of ignorance about how finances work.
Professorozone@lemmy.world 3 days ago
Oooo, so I guess I can call that a victory!