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Comment Re:Trading one set of problems for another (Score 1) 767

Yes for day to day living taxes would most likely not be an issue if you had as much money as you mentioned. But what if you have children or others that you want to pass the money along to after you die? If you're not careful they could lose half of it in inheritance taxes. It would be wise to put that money into a trust and for that you need professional help, unless you happen to be an accountant or attorney.

Personally, I might think about setting up my principle residence in a place like The Bahamas where they have no taxes. You could still rent places in Paris or NYC or Milan or wherever you like but just keep a home base in a low tax or no tax location. One thing about multiple residences though - you need someone to look after it when you are not there. And if it's a house then you need someone to do the landscaping and take care of the pool, etc. You'll probably need a vehicle in each place as well. I'd probably opt for a nice lock it and leave it condo with security staff. Come and go as you please.

A pretty awesome lifestyle to be sure but not without its own set of problems.

Comment Re:Trading one set of problems for another (Score 1) 767

"The problem was that she wanted to travel all over the world at a moments notice and all of her "old" friends were busy going to school, working and doing stuff to make ends meet. She basically had to find new friends that were rich and also had nothing to do so they could pal around the world together."

Exactly. Otherwise you become MC Hammer with a collection of hangers-on that all disappear when the money is gone. OK maybe not all but most of them to be sure. If you decide to become a jet setter and want to bring the old gang along then be prepared to pick up the tab for everyone. Either that or make friends with other jet setters that can pay their own tab.

The more I think about this the more convinced I am that I don't want to be rich. I just want to be comfortable.

Comment Re:Trading one set of problems for another (Score 1) 767

Yes - certainly NYC and San Francisco/San Jose/San Diego are notable exceptions. You can toss in Boston, Miami, Los Angeles and Chicago too.

But if you live in Atlanta or Charlotte or Phoenix or Omaha or Kansas City you're probably doing pretty well on 100K.

Comment Re:No surprise (Score 1) 128

Yeah he seems just a little too slick for my liking. He has flip flopped on Immigration a few times as well. Of course, he is not alone in that respect. Hillary and Obama have done this as well. Gay marriage, middle east, immigration issues. Sadly it is more the exception than the rule these days.

Comment Trading one set of problems for another (Score 5, Insightful) 767

Becoming wealthy (whatever "wealthy" is considered these days) comes with its own challenges.

People with no money have very specific challenges: find food and water and shelter for your family. Everything else is secondary.

People that have a job and shelter but not enough money have different challenges: Buying a car, paying for school, You have enough for basic necessities but not enough for aspiration items.

People with lots of money have unique challenges: Who do you trust? Taxes become problematic. Gold diggers. How do you raise kids without spoiling them?

It seems to me that the sweet spot is around 100K per year. You're not rich but you have enough. In many cities that is enough to buy a nice home and a new car every 4-5 years. It's a nice place to be.

Comment Re:Bribes? (Score 1) 128

It's worse than that. Corporations are playing both sides by giving money to both the Democrats and the Republicans. No matter who wins they are owed favors by someone.

The well publicized differences on Immigration, Abortion, etc. is just window dressing. Democrats and Republicans agree on more than you think. It's all about money and power.

Comment Yeah... (Score 3, Interesting) 449

and how many of those female profiles were just astroturf Ashley Madison profiles put there to entice men into joining?

The whole thing is just a sad commentary on the current state of affairs (no pun intended) of the world we live in. Who are the real villains here? The cheating husbands or the people at AM that set up this apparently honey pot of a web site to lure men in and then charge them to delete their profiles after the fact? A curse on all their houses I say.

Comment And this is exactly why... (Score 4, Interesting) 706

Social media is for fools. It's not just Ashley Madison. It's Facebook too. It is just amazing to me how people will pony up so much personal information and entrust other people to "manage" it.

How long is it going to be before someone hacks into Facebook and steals millions of user account details? Email addresses, phone numbers (in some cases), family photos, where you work (in some cases), all your friends (in some cases), you name it.

Buyer beware.

Comment Jeb steps in it again (Score 4, Interesting) 494

It seems like every time this guy opens his mouth he makes another mistake. Trump is right about one thing - Bush is a low energy candidate. This guy looks like he has been dragged kicking and screaming into this campaign. He has little interest and fewer ideas. Anyone that is against encryption and in favor of expanding the Patriot Act won't get my vote. Time to hang it up Jeb.

Comment Why so much cheating? (Score 1) 301

Why is it that so many married people felt the need to cheat on their spouse? That's the real issue here I think. Putting aside for a moment the stupidity of signing up at a public website and entrusting them with your intimate and personal details. Kind of sounds like Facebook, but i digress.

Are there really that many married couples that are so unhappy that they feel the need to seek intimacy outside their marriage? Apparently so. This is just a theory but I think that some of this is due to punitive divorce settlements. A lot of people might say that if a guy is unhappy he should just get a divorce. OK, but then your ex gets half of your assets. And probably majority custody of the kids. You might even get stuck paying alimony as well. Not to mention attorney fees.

So for some guys (and women too) it's easier and far cheaper to get a piece on the side. I'm not condoning this behavior I'm just pointing out a possible reason as to why it is happening. If it were easier and less costly to get a divorce then maybe there would be less cheating?

Comment Trump Immigration Policy (Score 1) 492

Two aspects of it are completely off base: mass deportation and changing the rule for citizenship for those born in the USA.

Mass deportation - this plays well to his supporters but is completely impractical. Each person charged with deportation is allowed, by law, a hearing and an appeal. If there are 12M illegals then that means we would have to hold 24M hearings. It would take a lifetime to accomplish that.

14th Amendment - states that anyone born in the USA automatically becomes a US citizen. To change that would require a constitutional amendment. That requires 2/3 majority in both the House and the Senate and 3/4 of the States must ratify it after that. Good luck with that.

On the plus side, he is spot on about the H1-B visas. It is being abused by employers and is putting middle class Americans out of work. This notion that there are not enough STEM graduates is nonsense.

I like how he called out Rubio for supporting the bill to triple H1-B visas, backed by that sleazeball Zuckerberg. Let's see what Rubio has to say about that.

He: Let's end it all, bequeathin' our brains to science. She: What?!? Science got enough trouble with their OWN brains. -- Walt Kelly