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Ahhh to be rich beyond RICH

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Jarnog
Frequent Contributor
Message 1 of 10
9 REPLIES 9
pizza1
Community Leader
Super Contributor

Re: Ahhh to be rich beyond RICH

wow....if only, LOL
Message 2 of 10
Shogun
Moderator Emeritus

Re: Ahhh to be rich beyond RICH

I paid $12 for a scarf.  Used my Walmart card.  Same thing?

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

June 2017 update: All scores over 820, just pure gardening now.
Message 3 of 10
disdreamin
Valued Contributor

Re: Ahhh to be rich beyond RICH

Yes, Shogun, same thing. Your purchase will pay the cost of your round trip bike ride to Walmart. See, absolutely identical situations!
Message 4 of 10
Shogun
Moderator Emeritus

Re: Ahhh to be rich beyond RICH


@disdreamin wrote:
Yes, Shogun, same thing. Your purchase will pay the cost of your round trip bike ride to Walmart. See, absolutely identical situations!

Thought so... and are you psychic?  How did you know I rode my bike?   Scary!!!!

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

June 2017 update: All scores over 820, just pure gardening now.
Message 5 of 10
masscredit
Valued Contributor

Re: Ahhh to be rich beyond RICH

From the story - Betty said on previous trips to New York her father has used points to stay at the St. Regis, though they didn’t qualify for a suite.

 

Rich people problems! Smiley Happy 

Pre-Credit Rebuild Scores Pre-DC (3/24/22) - EQ - 524 / TU - 519 / EX - 495

Current Scores - EQ - 687 / TU - 663/ EX - 677

TD Bank - $5000 / Mercury - $5000 / Capital One Savor One- $5000 / SDFCU Secured - $4990 / Capital One QuickSiver - $4500 / Ally Master Card - $2800/ Walmart Mastercard - $2250

Andrews FCU SSL $1500
Message 6 of 10
Marths
Contributor

Re: Ahhh to be rich beyond RICH


@masscredit wrote:

From the story - Betty said on previous trips to New York her father has used points to stay at the St. Regis, though they didn’t qualify for a suite.

 

Rich people problems! Smiley Happy 


That must be terrible. I don't know what I'd do if I didn't qualify for a $1.800 a night suite. You know while balancing being a billionaire and all. 



265k FHA Home Loan @ 2.65%
19k Cap1 Auto Loan @ 2.65%

March 2019 - CK(TU-609, EQ-632),EX-590
May 2020 - CK (TU-673, EQ-666), EX-651
January 2022 - CK(TU-727, EQ-726),EX-704
Message 7 of 10
Anonymous
Not applicable

Re: Ahhh to be rich beyond RICH


@Jarnog wrote:

http://skift.com/2015/03/12/meet-the-billionaire-whos-earned-over-80-million-in-amex-points-in-under...

 

 

Smiley Very Happy


I think the point of being a billioinaire is the race is over, you won... you don't have to worry about points because you are making tens or hundreds of thousands of dollars an hour in interest, dividends, and capital gains, 24/7, 365, even while you sleep.

 

And because of what they call the "wealth condensation effect," as long as your family office managers aren't completely incompetent, and society doesn't collapse, you, and generations of your descendants, have essentially zero financial worries.

 

I don't think most people comprehend what a Billion Dollars actually is... one million, a thousand times over... it's an absurd amount of wealth.

Message 8 of 10
Anonymous
Not applicable

Re: Ahhh to be rich beyond RICH


@Anonymous wrote:

@Jarnog wrote:

http://skift.com/2015/03/12/meet-the-billionaire-whos-earned-over-80-million-in-amex-points-in-under-a-year/

 

 

Smiley Very Happy


I think the point of being a billioinaire is the race is over, you won... you don't have to worry about points because you are making tens or hundreds of thousands of dollars an hour in interest, dividends, and capital gains, 24/7, 365, even while you sleep.

 

And because of what they call the "wealth condensation effect," as long as your family office managers aren't completely incompetent, and society doesn't collapse, you, and generations of your descendants, have essentially zero financial worries.

 

I don't think most people comprehend what a Billion Dollars actually is... one million, a thousand times over... it's an absurd amount of wealth.


One billion....Heck, One million ain't what it used to be.

 

All it takes is one irresponsible act to wipe you out.

Message 9 of 10
Jmill79
New Contributor

Re: Ahhh to be rich beyond RICH

"Liu, who flashed the plastic again today at Christie’s for the thangka, requiring him to sign 31 separate AmEx receipts because the system can only swipe transactions up to a maximum amount."

 

Smiley Surprised Hope AMEX offers him the P.O.T. option..Smiley Wink

FICO's as of 7/10/15 EQ-751 TU-730 EX-721

Citi Prestige, BOA Cash Rewards Sig, Discover It, AmEx BCP, Cap One Quicksilver
Message 10 of 10
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