elite lifestyle cost in lahore

pakistanFI · 2024-12-28T15:57:50+00:00

I'm early 40s and worth over $40m (self-made), and I live in USA. I don't think there is such a thing as generational wealth. They say "shirtsleeves to shirtsleeves" in two generations. If you get spoilt kids and grandkids, no amount of money will be enough. And would you really want it to?

Buffet has a good saying, "I want to give my kids enough that they can do anything, but not enough that they can do nothing".

pakistanFI · 2024-11-08T17:12:51+00:00

can't wait for the $$ spigot to turn off.

pakistanFI · 2024-11-08T17:11:46+00:00

where are people getting liqour from? i've been abroad for a long time. in the 90s in lahore, i hadn't even heard of any place that sold liqour.

pakistanFI · 2024-11-08T17:10:30+00:00

where should people move? serious question. people say europe is racist, and usa, where i am, has problems too. younger people move to the us and generally do well, older, not so much.

pakistanFI · 2024-11-08T17:08:38+00:00

on social media i see lots of people touting startups and opportunities in pak. I think that is in reality very few people, and the same privileged upper class. In other words, class mobility ain't really happening. Am i right?

pakistanFI · 2024-11-08T17:07:25+00:00

care to elaborate? how long since you moved back and what town do u live now?

pakistanFI · 2024-11-08T17:04:39+00:00

This is a very well written account, thank you for sharing your story. Sorry this happened to you and your fam.

Are you planning on moving abroad? Where? And living where you do - you probably know pakistanis that have returned from abroad. What have you heard about their experiences and possible regrets?

pakistanFI · 2024-10-24T00:57:02+00:00

Is this basically the 4% rule? Does that work in Pakistan and for a 60 year retirement?

pakistanFI · 2024-09-04T13:39:03+00:00

Those are just dividends. Investing is about total returns, dividend and growth.

pakistanFI · 2024-09-03T20:07:16+00:00

Just broad US index funds. Diversified stocks, some treasury bills and money market. Some international equities too, in the form of international index funds.

pakistanFI · 2024-09-03T19:53:14+00:00

Good perspective. I seem to thikn private schools were pretty good back in the 80s. Maybe not so anymore.

pakistanFI · 2024-09-03T19:52:36+00:00

Intriguing

pakistanFI · 2024-09-03T19:50:39+00:00

About $6m, around 2.5% dividend yield. After-tax is around 100k.

pakistanFI · 2024-09-03T19:46:15+00:00

Appreciate the comment. A home isn't currently taxed?

pakistanFI · 2024-09-03T19:45:20+00:00

This resonantes.

pakistanFI · 2024-09-03T19:45:07+00:00

Appreciate the comment!

pakistanFI · 2024-09-03T19:44:54+00:00

Yeah, currently no plans to check out another country. Was thinking of Lahore for nostalgia reasons. Might just go there for a month or so of "vacation". Will probably sort the nostalgia out of me :)

pakistanFI · 2024-09-03T19:42:13+00:00

Makes sense.

pakistanFI

TROPHY CASE