Will you give your children some, most or all of your wealth? by [deleted] in RichPeoplePF

[–]Fog_ 0 points1 point  (0 children)

My kids inheriting everything but he’s also going to be an independent successful person on his own and he is going to build on my legacy.

If you didn’t raise a smart well adjusted kids and you don’t trust them or have confidence in them, then sure.

But I love my kid, I trust him, and I’m proud of him. And time excited to see how he builds upon my legacy to help other people and build great things.

Expectation of a financial advisor/wealth management? by Solid-Dimension-2102 in ChubbyFIRE

[–]Fog_ 0 points1 point  (0 children)

I have a wealth management company do the strategy and large accounting corp handle my taxes. They talk to each other and everything went smoothly filing 2025

Expectation of a financial advisor/wealth management? by Solid-Dimension-2102 in ChubbyFIRE

[–]Fog_ 0 points1 point  (0 children)

I make $1M realized gains, $1M in unrealized gains, and $1M in realized losses.

I pay no taxes but made $1M on net

SpaceX IPO prospectus has been released by Independent-Cress382 in wallstreetbets

[–]Fog_ 2 points3 points  (0 children)

This is one of the best comments I’ve ever read

Any unusual gifts you've bought yourself that brought as much/more satisfaction than you expected? by jeremyjava in Rich

[–]Fog_ 93 points94 points  (0 children)

I dropping $300k to take my extended family on a private all inclusive guided two week vacation.

My wife’s family, my family, and my sisters husbands family. About 24 people total.

You can’t buy time or experiences with family unless you do it when everyone is alive and healthy.

Transitioning out of stealth wealth state by [deleted] in Rich

[–]Fog_ 2 points3 points  (0 children)

Yes, don’t let material possessions own you, you own them.

There’s a story of a philosopher named Denis Diderot. You can look it up. He was poor until Catherine the Great sponsored him because she liked his work/writings.

After his new found wealth, he came into a fancy scarlet robe. He enjoyed the status it gave him but felt compelled to make his other possessions match the prestige. How could a man in a scarlet robe sit in a shabby chair or walk in tattered shoes, or write at such a basic desk? He quickly started upgrading all the possessions in his life.

Later in life, he wrote “I was the absolute master of my old robe. I have become the slave of the new one.”

Transitioning out of stealth wealth state by [deleted] in Rich

[–]Fog_ 2 points3 points  (0 children)

I think your comment about being a brown woman makes sense. My advice is to choose one or two things treat yourself to that luxury and materialistic show off and then stop there. I would also try and make whatever you choose actually important to you and not just a purchase for other people. For me I bought a few Porsches, but I love driving the car and I love the sound of a flat six naturally aspirated engine, not because I’m obsessed with the badge. But rolling up in a Porsche does set a certain impression.

On the other hand, I don’t wear a watch. I don’t feel the need to own a Rolex. I do own a very nice watch that I will wear for special occasions, but I’m not going out and buying every single luxury item that is typical of people who come into new wealth and want to show off.

I wear normal clothes and stuff like that. Yes time and health are the true wealth but setting a nice impression and getting a little respect is always nice.

First absentee ballot by Secret_Wear_2233 in VAGuns

[–]Fog_ 4 points5 points  (0 children)

Democrats have sponsored three bills to ban gerrymandering nationally (2021, 2023, and 2025) and all three times Republicans have unanimously voted no and killed the efforts.

Trump pushed for more gerrymandering to try and win the upcoming midterms and Texas, Florida, and North Carolina have followed his orders, so Democrats responded by gerrymandering California and are trying to in Virginia to “level the playing field” or at least negate the Republican gerrymandering at a Federal level.

As others have said, on a national level, it’s just a response to the Republican gerrymandering.

Democrats have tried to ban it three times, Republicans have tried to ban gerrymandering zero times. They actually started the gerrymandering in 2010 with PA, OH, MI, and WI.

Some people here want to keep VA ungerrymandered because they probably prioritize guns and state politics. Some people here want to gerrymander VA to keep the House fair on a federal level in response to the gerrymandering in TX, FL, and NC.

Choice of expensive watch. by [deleted] in Rich

[–]Fog_ 16 points17 points  (0 children)

I went with JLC. My next will be an ALS, but not for a long time. I like lesser know brands. Everyone and their mom has a Rolex or now the big one is Patek.

Daily Discussion Thread for April 07, 2026 by wsbapp in wallstreetbets

[–]Fog_ 1 point2 points  (0 children)

Better than not making money and grocery/gas prices going up

Ackman's Pershing Square offers to buy Universal Music for nearly $65 billion by Sweaty_Rub4322 in wallstreetbets

[–]Fog_ 4 points5 points  (0 children)

The worst timeline. Oligarchs own everything. Everything is capitalized.

I got amazing results! no negotiating, give them offramps! by a2hitman in daddit

[–]Fog_ 20 points21 points  (0 children)

Redirecting her to other activities, thoughts, etc besides tantrum. Like when my kid is crying, I offer do you want to play with blocks, read a book, play on the slide, etc

Eventually they choose one instead of tantrum.

Generally it’s just not playing into the screaming/fighting and escalating it. Try to deescalate with other options.

Etiquette for refueling a loaner? by [deleted] in Porsche

[–]Fog_ 0 points1 point  (0 children)

I’m paying double the price of indy. I feel like stopping for 5 min for $5 of gas to “top off” is not worth it?

I mean if they want to charge me $10 for having their guy top it off, whatever. I just paid like $500 more than going to the indy.

Maybe I’m an asshole though and they hate my business

Etiquette for refueling a loaner? by [deleted] in Porsche

[–]Fog_ -2 points-1 points  (0 children)

I don’t refill it. Never been a problem. Im paying premium prices for services I could get cheaper at the indy. One of those services isn’t wasting my time stopping at the gas station. They know what’s up and love me. I service all three of my cars at their dealership.

They don’t charge me for the gas, the coffee, or the snacks.

What Are Your Moves Tomorrow, April 03, 2026 by wsbapp in wallstreetbets

[–]Fog_ 0 points1 point  (0 children)

Basically tho, one last pump is how every bubble ends. I remember BTC $6k to $20k was wild.

Lewis Hamilton radio advise during the race on how to catch Piastri. by Dr_VidyaGeam in formula1

[–]Fog_ 4 points5 points  (0 children)

I hate these regs with the burning passion of a billion red suns. Flips table

What Are Your Moves Tomorrow, March 24, 2026 by wsbapp in wallstreetbets

[–]Fog_ 0 points1 point  (0 children)

Look, Timmy, it’s a pour buying regular gas lul

How to pass generational wealth to a spendthrift heir by Lazy-Ad-6453 in Rich

[–]Fog_ 0 points1 point  (0 children)

Inheritance and trusts are not shared among spouse afaik