Some things just must be had, and when money is not an issue, then ‘luxuries’ are the economical option, all things considered.

Readership: All
Theme: The Gift of Singleness
Length: 800 words
Reading Time: 4 minutes

Investment Hacks of the Wealthy

Oscar left some valuable insights about wealth accumulation and preservation.

“Spending a big percentage of your income on depreciating assets was foolish in King Solomon’s day, and it’s still foolish today.”

“Most people think wealth is making a lot of money and spending it on luxuries, but that isn’t wealth at all.”

“Wealth isn’t about how much you make, it’s about how much you save.”

As a Citizen wearing, DKNY clad, BMW driver, I will channel my inner Fat Cat here to add an additional Frame that should put things into perspective for the aspirational accelerant readers.

Many of the items that the low to mid classes would consider ‘luxuries’ are NOT considered ‘assets’ by the uber-rich. Properly understood from the perspective of the economically abled, they are ‘necessities’.  It doesn’t matter whether these things depreciate in value, because you need to have them anyway.  The longitudinal strategy then, is to make an initial investment that yields maximum utility and minimizes total costs.

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Exemplary Examples of Economic Expediency

To offer four examples, a car, a house, a watch, and a wife — these are not ‘assets’, they’re ‘necessities’.

Prof. Hsin Kai Tsai doesn’t buy a Mercedez Benz just to peacock and pick up Asian chickadees while cruising through Chinatown (that is just a side benefit).  No.  He buys a Benz because it is engineered to last for decades, long outlasting most other cars, and with less maintenance and fewer breakdowns.  If you have to spend money on a car, then you might as well buy one that does what it’s supposed to do for as long as you want it to. Oh, BTW, he’s driving a nice car.

Sir Mortimer Lexington Esq. doesn’t buy a large stone manor in a gated community just so he can posture pose while hosting swanky cocktail parties once a month.  No.  He lives there because it’s a well-built structure in a safe and secure neighborhood located in a nice environment, surrounded by other wealthy people who will not envy his wealth, sue him over petty issues, and/or create the kinds of headaches common to lower class gentryhoods. Oh, BTW, he’s living in a nice house.

img-1783678777-6a50c739aa61b6.92068473.jpgCitizen Blue Angels World Chronograph Eco Drive watch.

Lord Randolph Q. Winthorpe III doesn’t buy an Emporio Armani watch because it is “Armani!”, or because it is seen as a luxury item, or even because of the sharp spiffy image it conveys. He buys it because it comes with a guarantee, and thus is less expensive than buying a cheaper watch every year for 50+ years over the course of his lifetime. Also, he doesn’t need to worry that the watch will stop at an unpredictable moment, and it also saves him time shopping for a new watch whenever the el cheapo ticker unexpectedly bites the dust. Oh, BTW, he’s wearing a nice watch.

Space Cadet Elon Musk doesn’t marry or spend money on Ashley St. Clair as an investment on an asset, because that would be the most foolish investment imaginable — even in Biblical terms.  Just like buying a new car that loses 40% of its value as soon as you sign the papers because it is now a “used” car, a woman’s SMV/MMV hits the street just as soon as you pack her crack, and then she becomes a burdensome liability.  But if you think about marriage this way, then no wealthy man would ever marry or even host a soft harem of concubines.  No.  You marry, or take a concubine, and/or have children in order to spread your seed, have a family (if the presumed mother is willing), and to expand the family dynasty.  Expensive pseudo-MAGA concubines like Ashley St. Clair are a ‘necessary luxury’ that is limited in use to a few hours of carnal entertainment and a womb for birthing high-quality offspring who will continue the family legacy (hopefully).  That’s it.  Everything else is a collateral hassle that requires writing off the initial investment costs as a non-refundable expense. Oh, BTW, he’s draining his nuts in a F-ck-worthy c0ck sucker who can be paid to go away when her usefulness has expired.

Concluding Statements

When you have money, you think about everything differently. Everything becomes a utility in which the total value is weighed against the total costs, including functionality, money, security, time, and overall value.  When money is not an issue, then it makes sense to spend more money on things that are of better quality, more comfortable, more convenient, more durable, more reliable, more useful, and which will save you money, time, and trouble.  As seen in the above examples, many of these so-called ‘luxury’ items are actually more economical when used over a lifetime, all things considered.   Of course, the initial costs of these high-quality items are much loftier than those that are mass-produced for the hungry trendy masses, and are therefore not an option to those of lesser means.  But even without these optimized options, and even when the bottom line is a net loss, some things just have to get done.

But again, that’s all assuming that money is not an issue.

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