This week I speak about the one of the most ironic news stories I have seen in the last few years.
The story is about a lady who posted a controversial Twitter post where she demanded that only men earning $500,000 a year should respond to her add.
The response was brutal – “Your looks will fade and my money will likely continue into perpetuity … in fact, it is very likely that my income increases but it is an absolute certainty that you won’t be getting any more beautiful!” the banker wrote.
“So, in economic terms you are a depreciating asset and I am an earning asset,” he said. “Let me explain, you’re 25 now and will likely stay pretty hot for the next 5 years, but less so each year. Then the fade begins in earnest. By 35 stick a fork in you!”
“It doesn’t make good business sense to “buy you” (which is what you’re asking) so I’d rather lease,” he said.
However, I have seen many wealthy people (or should I say formerly wealthy people in some cases) fall for this “deal”.
So in today’s post I speak about this story, and the numerous cases I have seen in the expat market, of men accepting silly demands from girlfriends, partners and wives.
Further Reading
Many people wonder how much money you need to invest to get wealthy. The answer might shock you!
How to become rich by investing: Rational Investing Based on Evidence vs Speculation