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danlistensto's profile
Dan listens to rain falling on the rooftop
Dan listens to rain falling on the rooftop
Dan listens to rain falling on the rooftop
@danlistensto

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Dan listens to rain falling on the rooftop

@danlistensto

Moloch's janitor

Joined August 2014

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    1. Austen Allred‏Verified account @AustenAllred Aug 24

      Probably the most important conversation we have at Lambda is the personal finance training. “OK so you tripled your income. Now keep cost of living low, avoid debt, use tax advantaged low-fee investments, and you will end up rich, absolutely guaranteed.”

      28 replies 76 retweets 714 likes
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    2. Dan listens to rain falling on the rooftop‏ @danlistensto Aug 24
      Replying to @AustenAllred

      define "rich"? comfortably middle class isn't rich.

      1 reply 0 retweets 0 likes
    3. Sean Gates‏ @seangates Aug 24
      Replying to @danlistensto @AustenAllred

      It’s about the usage of the money though, not the total value of the salary compared to others.

      1 reply 0 retweets 0 likes
      Dan listens to rain falling on the rooftop‏ @danlistensto Aug 24
      Replying to @seangates @AustenAllred

      I don't see how that's relevant. To me, "rich" means you have enough money to hire people to work for you. It doesn't mean that you can save up enough to retire comfortably in 35 years.

      12:35 PM - 24 Aug 2018
      2 replies 0 retweets 0 likes
        1. Sean Gates‏ @seangates Aug 24
          Replying to @danlistensto @AustenAllred

          Again, rich is relative. Anyone in the middle class of America is pretty much rich by the world’s standards. These folks are definitely changing their fortunes and moving up. What is important is that they not change their spending habits drastically given their new “wealth”.

          0 replies 0 retweets 1 like
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        1. Sean Gates‏ @seangates Aug 24
          Replying to @danlistensto @AustenAllred

          And, in this context, I read “rich” to mean you don’t have to “earn” any more money to live the quality of life you were living when you ”retire”. When you make $25k one year and then make ~$100k the next, heck yeah you’re feeling rich!

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