BelgianSexWaffle Archive

Upvotes	Title	Category	Author	Subreddit	Date (UTC)

Upvotes	Comment on	Subreddit	Date (UTC)
2	True king It took me a second, but I did come around to what you meant. I think stupid was just the wrong word. Probably moreso it's ignorance.	/r/PussyPassDenied	18/02/21 04:16 PM
2	True king That’s a fair point. For me, it’s more so that your first comment makes me think “why would they be stupid for not knowing about a trust they don’t need?”	/r/PussyPassDenied	17/02/21 08:16 PM
1	True king The smart middleman accountant is not in question here. There are plenty of smart poor people for whom illiquid trusts are just not feasible or worthwhile.	/r/PussyPassDenied	17/02/21 06:58 PM
0	True king The typical American has <$10k in savings. Now, a significant part of their net worth might be elsewhere, making them "worth" more, but if you're looking at small figures like that, it is absolutely not worth tying up all your money in trusts and other illiquid assets. You're much more likely to need quick access to that money when shit hits the fan. It doesn't mean these Americans wouldn't like to be in a situation where this makes sense to do. It just does not make sense to do this, which is n…	/r/PussyPassDenied	17/02/21 06:56 PM
3	True king Ehhhh plenty of rich people are dumb, and just hire smart people to set this up for him. Poor people just don't have the resources to make this a worthwhile set up.	/r/PussyPassDenied	17/02/21 06:30 PM