What’s the point of all this TC chasing we’ll all be dead in 100 years?

Nov 17, 2018 23 Comments

Say u make 400k, then you want 500k TC, after reaching 500 u want 700, then 1 mil. But 1mil is only 500k after taxes so u want 2 mil, but then 2 mil is only 1 mil after taxes so u want 4m TC, and then you die... so in the end there is really no point to any of this if we will all be dead in 100 years. And you can’t take your money to the grave with you, and it’s incredibly stupid to leave your children with tons of money (so many people on Blind have this desire to leave generational wealth to their kids but google it, so many examples of kids turning out useless. Being poor creates hunger, creates drive. Look at 90% of the billionaires today, they are all self made. It can be done, leaving nothing to your kids is the best thing you can do for them.)

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TOP 23 Comments
  • Zillow Group InCa
    How is it stupid to leave your children tons of money?
    Nov 17, 2018 5
    • New / Eng cato
      Yeah it all depends
      Nov 17, 2018
    • Twitter Wax paper
      OP
      Google it, tons of examples . Your kids will have no drive. Being poor makes you hungry. Gives you drive.
      Nov 17, 2018
    • New / Eng cato
      Google it? You must not know any upper class people to have to rely on Google. The way to do it is in a trust so they still have to work
      Nov 17, 2018
    • Oracle Sheepbla
      Being poor really makes you hungry.. you know with lack of food and stuff
      Nov 17, 2018
    • Twitter Wax paper
      OP
      Larry Ellison was once a waiter.
      Nov 17, 2018
  • Salesforce PropC
    I think you under estimate the advances of medical technology. At a point in the not too distant future we will cure aging.

    With the wealth divide growing in society, your goal should be to get above the cutoff point of self sustainability with investments alone, so that you end up in the upper class for all time.

    You grind hard now, have fun where you can, live a good life. But keep in the back of your mind that you may not actually die by 80. You might end up immortal, and then you'd feel pretty dumb if your finances were running out.
    Nov 17, 2018 6
    • Salesforce PropC
      Then the arguments may apply to your children's life times.
      Nov 17, 2018
    • PayPal ZoorSeBolo
      This is the whackest answer I've seen. I highly doubt we will cure aging. There is no way we're all going to be immortal. Even if there is a way technology enables that, there will be another war because of our pumpkin president and a good majority will die.
      Nov 17, 2018
    • Salesforce PropC
      Biological immortality. Not invulnerability. You guys are tech workers, you should not so rapidly dismiss the advances we are making. The odds are you're right, but you're looking for long term reasons your efforts might matter. And this is the most optimistic hopeful answer for our people I can imagine.
      Nov 17, 2018
    • Reddit Snoopysnoo
      If it happens the earth will overpopulate too fast
      Nov 17, 2018
    • Salesforce PropC
      The population problem is due to the ratio of birth rates versus death rates. A balance will arise. Financially (too expensive to have kids) or through child licenses. It's inevitable because our birth rates outpace the death rates, so we're still on an exponentially increasing curve. If you truly believed population was a problem you would do what you could to enforce population control.

      Since it's mathematically inevitable anyways. I would argue this is not a problem associated with immortality, but with our lack of control over births.
      Nov 17, 2018
  • If you don’t like chasing TC, then just don’t. Nobody is forcing you to advance or even continue your cushy highly-paid choice of career.
    Nov 17, 2018 0
  • New / Eng RhpJ71
    TC chasing makes no sense if you don't want to raise a family. You are much better off living life than chasing money for comforts that you won't be able to experience in the first place.
    Nov 17, 2018 0
  • MINDBODY DBte62
    Guys asking MH why should read the book ‘Man’s search for meaning’.
    Might like it.
    Nov 17, 2018 2
    • MINDBODY DBte62
      By Victor Frankl
      Nov 17, 2018
    • Twitter Wax paper
      OP
      I tried listening to the audiobook for that and it’s garbage. Written like in the 1800s and not relevant anymore. Talks about existentialism and shit. Not good.
      Nov 17, 2018
  • Microsoft XKWP47
    TC or GTFO!
    Nov 17, 2018 1
    • New / Eng
      xBFv20

      New Eng

      PRE
      Google
      BIO
      Xoogler working on stuff
      xBFv20more
      Fuck u
      Nov 18, 2018
  • VMware IcMY51
    FU money
    Nov 17, 2018 0
  • Cisco QXbN52
    It does not matter how much you make, if you don’t save some of it, keep in mind that all tech matures and will eventually become a commodity, as that happens, your company’s growth rate will go to zero or negative and you will need to find the next big thing to continue your current comp ...
    Nov 17, 2018 0
  • Salesforce PropC
    Your wealth gives you power and influence in modern times. You can use it to enact or affect changes you wish to see in our society. In this way your wealth can be used for the greater good, rather than personal acquisition
    Nov 17, 2018 0

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