The Motley Fool Discussion Boards
Retirement Discussions / Retire Early CampFIRE
|Subject: Re: Quote from MadCapitalist's Profile||Date: 12/30/2002 10:27 AM|
|Author: telegraph||Number: 88129 of 835217|
Art: I bought $4 worth of tickets to the $315 Million Powerball Jackpot. I guess that makes me a risk taker. If I ever hit it, it'll be big. If I don't? People blow money on all kinds of stupid stuff, tobacco, drugs, liquor, cars, boats, fishing, hunting, travel, etc. What difference does it make in the end how one spends their discretionary money? Who am I to judge someone on what they find interesting and fun? It all pans out in the end. As long as I have a warm bed to sleep in and food to eat, I figure I'm doing all right.
One man's "fun" is another man's folly.
A buck or two is cheap 'fun' if you get a thrill from 'taking a chance' to win money. Of course, the odds are significantly against you...first of all, you got a one in umpteen gazillion chance of picking the right six numbers or whatever. And being the only one so you don't have to split it 10 ways. And being lucky in that your number is drawn, and not some number that no one purchased. Yes, millions get a 'rush' watching the numbers being drawn, and sometimes winning a few bucks themselves.
Yep, and many people buy candy bars or sodas from the machine at work for high prices for a 'fix'...a moment of 'pleasure'. Or smoke...or buy drugs for hundreds of bucks a day.
That said, you can extend the same across the board...some folks buy big fancy cars for the 'status' and 'joy' of driving a status symbol or indicator of their 'status'. That is 'fun' in their circle of acquantences. They are willing to work hard to earn the bucks to have/wear/posses the status symbols, and 'play' with the 'toys' that they become accustomed to. Each year the ante is upped....guess what so-and-so just bought! We gotta get one!
Does anyone need expensive wines and expensive meals ($100 and up?)??? Does anyone 'need' $50,000 vehicles? Does anyone 'need' to live in a $1,000,000 and up 'house'? Does anyone need five cell phones, five computers, five cars, for a family with two or three kids? $15,000 vacations? $40,000 college tuition?
The problem most people have is that they have been brainwashed into what they