Why do rich people hoard money?

[Anonymous No.15191294]

after 100 million isnt it just all excess? like what cant you buy? youre set for multiple lifetimes

[Anonymous No.15191310]

Your goals just get bigger and bigger.

People never become satisfied with what they have.

[Anonymous No.15191318]

>>15191294
Covetousness is a sin, anon.

[Anonymous No.15191334]

Bitch I want to own you, your sister, your moms butthole, the house you live in, the bank she bought the house with, and the company that makes the couch that your moms butthole is getting fucked on by me. That takes way more then 100 million.

[Anonymous No.15191337]

>>15191294
Anon let me give you 5 million. Assuming you don't spend like a nigger. You wouldn't know what to do with yourself. You're too used to being a hamster chasing that dollar. Now the rug gets pulled under you and you don't know what the fuck to do anymore. So you keep chasing the dollar anyway.

[Anonymous No.15191347]

A private jet runs 100 millions. Buffet and Gates have 2 on each continents to reduce downtime due to repairs.

Source : friends working at private jet manufactrers

[Anonymous No.15191389]

>>15191294
You can develop new technology. That is an endless pit you can throw money in.

[Anonymous No.15191390]

>>15191294
Its funny

[Anonymous No.15191401]

>>15191318
blessed and truthpilled

[Anonymous No.15191418]

>>15191294
they don't
they just earn money so fast that they don't have time to spend

[Anonymous No.15191420]

>>15191347
But MUH GLOBAL WARMING

[Anonymous No.15191437]

>>15191294
shut up commie rich people need to have billions otherwise we wouldn't have jobs and we would starve to death

[Anonymous No.15191455]

>>15191437
>muh-muh trickle dooown...

[Anonymous No.15191459]

very few rich people actually hoard money uncle mcscrooge style, you have a child's understanding of wealth
most rich people have assets and ventures which end up profitable, and said profits are used to launch and build newer things

[Anonymous No.15191480]

>>15191294
Souce me up you commie cunt souce me the fuck up right fucking now

[Anonymous No.15191516]

>>15191459
All super wealthy have a massive pile of cash (10 million plus) in a cash account available for immediate withdrawal in case of a crisis. But yeah you are right. Most of their wealth is tied in up mutual funds and real estate etc.

[Anonymous No.15191746]

>>15191337
I'll take that offer, I just wanna make YouTube videos with no financial burden in the background

[Anonymous No.15191757]

>>15191294

Ive met and observed a few a multi-millionaires. Making money becomes a hobby/sport and somewhat competitive in their small little circles. Some of them look working/middle class at first sighting. Also, large amounts of money gives them power which they administer to stroke their egos and control their employees/followers.

[Anonymous No.15191874]

>>15191757
i'm a close friend to one of the great/grandchildren of George Russel and i can say they are the richest/wealthiest humans and the best folks that i know. everyone both rich and poor that i know do not add up to the goodness that these people exude upon those they chose to be around.

the only defense against riches and the corruption they radiate is by placing Jesus Christ as #1 in your life ahead of them. that is one of the few truths that i've found on my 30 revolutions around the sun.

also, buy link

[Anonymous No.15191890]

>>15191294
They normally don't "horde"money. they invest it to beat inflation. They are essentially the people buying your countries debt to keep your social programs afloat.

[Anonymous No.15192216]

>>15191294
>above 100m just excess

decent yachts start at $700m poorfag

[Anonymous No.15192223]

>>15191334
based and Rothschild pilled

[Anonymous No.15192242]

>>15191347
Buffett doesn't own a private jet, he owns a private jet fractional ownership company.

[Anonymous No.15192266]

>>15191294
nicer house - nicer vacation home(s). money for mexicans to manicure the yards. larger swimming pools. home for kids when the time comes. jealous loser communist fucks like you need to man the fuck up and fuck right off

[Anonymous No.15193011]

>>15191874
Blessed and linkpilled

Rare mixture

[Anonymous No.15193067]

>>15191294
It's not about making money, it's about making more than the other execs so you can feel superior.

Anyone who doesn't understand the male competitive spirit is a beta male.

[Anonymous No.15193097]

>>15191437
>free gibs

[Anonymous No.15193420]

it's a sport

[Anonymous No.15193551]

>>15191294
>>15191294
Need sauce

[Anonymous No.15193559]

>>15191347
>>15191420
I find it laughable how the state here in germany is thinking about a CO2 tax to force citizens to act more environment friendly. and then there are a ton of billionaires blasting more CO2 into the atmosphere in a month than I do in 10 years.

[Anonymous No.15193596]

>>15191294
At a certain point money is no longer for buying things, it is simply a power game

[Anonymous No.15193608]

>>15193596
this. as well as the more money you have the easier it becomes to acquire more. use 50m of your stack to loan it to inbred hillbillys at 15% APR.

[Anonymous No.15193635]

The average twentysomething on this board will probably live for 70 years at most, assuming there are no groundbreaking advances in longevity in that time (which there will be, but this is just a theoretical exercise). To live an upper middle class existence for that amount of time (the equivalent of making say $100k a year) you would only need $7M. If I was able to make that amount without actually working a real job once, I would definitely be content with it.

However, we're all going to live to be 500 and will get fucked in the ass by inflation within those first 100 years (if not 50) so this is all bullshit anyway.

[Anonymous No.15193756]

>>15191294
>be rich
>get money because you're rich
>throw it there
>hoard
>tfw your house is packed with money

[Anonymous No.15193786]

>>15191294
They don't hoard money, they make money dumbass. More money lets you make even more money.

[Anonymous No.15193788]

Earning money just becomes another hobby when you just get good at it.

[Anonymous No.15194229]

the rich make money doing fucking nothing, with 100 million you get tons of passive cash thats why

[Anonymous No.15194234]

>>15193635
>we're all going to live to be 500 and will get fucked in the ass by inflation within those first 100 years (if not 50) so this is all bullshit anyway.

[Anonymous No.15194340]

>>15194234
If Bitcoin ever threatened to completely overthrow the US dollar, Drumpf or his successors would ship this entire board's population off to Guantanamo Bay

[Anonymous No.15194360]

>>15191294
They just spend less than they gain, also this >>15194229. With a million I would live a lower middle class lifestyle without working, just with dividends. An idiot would think having a million is upper class, it's not even middle imo. If you have to wage to pay your bills and your money doesn't work for you, you're bottom caste, no matter how fancy your status symbols are, you're a bum with a ferrari.

[Anonymous No.15194376]

>>15191874
>George Russel

literally who?

[Anonymous No.15194395]

>>15191294
>have 100 mil
>have four kids
>have 16+ grandchildren

Suddenly that 100 mil doesn't seem so big since each of your descendants is only going to inherit less than 5 mil each after tax

[Anonymous No.15194603]

>>15191310
They realize that after hitting that limit they can influence politics and society
That’s not greed if there’s an ideal behind

[Anonymous No.15194610]

>>15191516
It’s called liquidity you autisto
It’s for opportunity
Don’t you know that cash is king during this Kali Yuga?

[Anonymous No.15194616]

>>15193635
Bitcoin, faggot

[Anonymous No.15194620]

>>15194340
You can't stop crypto now, since you are wiping out too much money

Governments only want more money and power, so they will try to adopt it, but it will poision them slowly

[Anonymous No.15194621]

Martin Shkreli talks about this a lot. It usually stems from some issues that cause a person to severely overachieve.

Warren Buffet likes the chase but a lot of those people are not well adjusted.

[Anonymous No.15194638]

>>15191347
Buffet has his own private jet company, retard.

source: his fucking book

[Anonymous No.15194639]

>>15191874
>the only defense against riches and the corruption they radiate is by placing Jesus Christ as #1 in your life
Based and redpilled otherwise you end up like a transhumanist degenerate who eats pineal glands of tortured children and is terrified of death and the natural decay of your body. I will buy more link because of you anon

[Anonymous No.15194680]

>>15191294
She has incredible feet.

Also, at a certain point you start ‘accidentally’ making money. You make so much money that you have to put money in places to keep it safe and away from inflation, these places just happen to work your money into more money passively. So on and so forth, it’s a snowball effect and they can’t even stop it or they actually lose capital.

[Anonymous No.15194836]

Because they don't keep it all in cash, its company stocks to keep control, bonds to hedge risk and ensure generational wealth, and assets like yachts, houses, and planes and shit. The idea of some dude sitting on a giant pile of cash is only for Mayweather types that don't understand fiat.

[Anonymous No.15195067]

>>15191294
SAUCE NOW!!! THOSE FEET ARE BEGGING TO BE SUCKED

[Anonymous No.15195121]

It's not hoarding if it's "in the bank". That money is periodically lent out so it's definitely being used to some capacity.

[Anonymous No.15195155]

>>15194639
NOT redpilled you fucking imbeciles use this tooo fucking much and also grossly incorrectly. Religion is the fucking blue pill by far. In jesus’ days they would bury women up to their shoulders and force their family to throw baseball sized rocks at her head until she died if they caught her showing her titties to another man. This and a 2000 yr old game of telephone (bible) that conveniently changes to be “modernized” I will NEVER take the Jesus bait. You are fools for believing in fairy tales created by man in the form of control through brainwashing. God is just a voice inside your head, nothing more.

[Anonymous No.15195343]

>>15195155
>babbys first atheist moment
Imagine being a fedora mouthbreather and writing a paragraph of mind vomit thinking you are smart. Look at him. Look at him and laugh.

[Anonymous No.15195391]

>>15195155

God is the source of All Provision

[Anonymous No.15195537]

>>15193559
thats why you 80 million germoneyans need to pay CO2 taxes. to compensate what the billionaires blast into the atmosphere

[Anonymous No.15195558]

>>15195391
>>15195343
LMAO, christcucks fuck off

[Anonymous No.15195587]

>>15191294
It’s an addiction to wealth that is never satisfied...if was never about the money...it’s about having more than everyone else.

[Anonymous No.15195897]

>>15191294
Why do you bait?

[Anonymous No.15196081]

>>15193635
You would be able to choose when you want to die but that's another discussion

[Anonymous No.15196135]

>>15192216
>"muh decent yachts"

how gay.
rich faggots accumulate luxury shit to brag about it.
wealthy people hoard real treasures.

imagine being an Indian rich enough to build a small city for yourself so that you can name its Designated Shitting Street after yourself

[Anonymous No.15196155]

>>15191294
The same reason homeless steal shit they don't need

[Anonymous No.15196784]

>>15191318
That's very antisemitic.