Is arrogance the key to wealth?

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CMC
CMC
QLD
3954 posts
CMC CMC
QLD, 3954 posts
12 May 2011 9:22am
OK I am in my mid 30's now with a family. We do OK, own a house, good jobs, good cars etc.

I have tried to live my life with consideration for others. It makes me feel good to do good or something random for someone.

I don't like taking favours from people and I try to be self sufficient in all that I do.


My point is and that grates on me is that overtime I see so many people that are rude arrogant turkeys continually come up and do extremely well.

They are always nice to those that they need to or that can help them to get ahead be but plain out rude wan%^$# to people they don't see can help them.

Another example is the guy in the new Merc that pulls out into traffic without acknowledging people or using blinkers. Even tooting your horn does not elicit a response. The guy simply does not care about you or what you think. Is this a reflection of his entire approach to life? Do what you need to do and screw others??

The question is: To become wealthy and progress in life do I need to forget ethics, manners and consideration for others and become self consumed and only ever focussed on my self??
petermac33
petermac33
WA
6415 posts
WA, 6415 posts
12 May 2011 7:54am
if you own your own house outright then i'd say you are doing better than ok.

you are worth a packet.

if i owned a house i'd sell asap,rent and then wait till property prices collapse as they surely will.

wealth and progression in life don't necessarily follow each other,just ask japie.

becoming over focussed on materialism at the cost of knowledge is what they want.

good health is the most valuable asset anyone will ever own.



patrick.net/housing/market.html





subasurf
subasurf
WA
2154 posts
WA, 2154 posts
12 May 2011 8:53am
petermac33 said...

if i owned a house i'd sell asap,rent and then wait till property prices collapse as they surely will.



...and no CGT on the sale because it's his primary residence
win win
evlPanda
evlPanda
NSW
9207 posts
NSW, 9207 posts
12 May 2011 11:02am
What about all the wankers in POS commodores that change lanes-brake-change lanes-tailgate-brake-flash lights-change lanes?

You hardly have to be rich to be arrogant.
CMC
CMC
QLD
3954 posts
CMC CMC
QLD, 3954 posts
12 May 2011 11:31am
evlPanda said...

What about all the wankers in POS commodores that change lanes-brake-change lanes-tailgate-brake-flash lights-change lanes?

You hardly have to be rich to be arrogant.


I was waiting for that response based on the way I wrote that post.

To clarify the above firstly, no I do not own my house outright but I live near the beach on the Gold Coast and most people now can not afford to do this. Unfortunately the bank still owns more than I do.

I guess I should qualify by adding the term intelligence to the mix.

There are two kinds of arrogant: One in that someone has never learnt or lacks the brain power to understand that their actions may affect others. The typical bogan so to speak.

OR

The intelligent person from a good educated background that fully understands that what he does will impact other people but in an unclouded view to his own ascent believes that he is far more important.

You tell me which one is worse?
Pugwash
Pugwash
WA
7733 posts
WA, 7733 posts
12 May 2011 9:35am
I exercise my sovereign right. The great unwashed shall yield when I am driving my Merc.
knigit
knigit
WA
319 posts
WA, 319 posts
12 May 2011 9:53am
Not spending money is the key to wealth.

I know a few rich people who are tighter than a nun's nasty. Not hard to be richer than everyone else when you won't buy a round, will reuse 1 teabag for a week or do the x-mas shopping at the $2 shop.

Makes me laugh to see that people with much less money who don't spend all day bean counting twice as happy.
GalahOnTheBay
GalahOnTheBay
NSW
4188 posts
NSW, 4188 posts
12 May 2011 1:20pm
Pugwash said...

I exercise my sovereign right. The great unwashed shall yield when I am driving my Merc.


As a member of the great unwashed when I am in my POS car you are welcome to try your luck against me. My car already has dings, does yours want some too? lol
log man
log man
VIC
8289 posts
VIC, 8289 posts
12 May 2011 1:32pm
CMC said...

OK I am in my mid 30's now with a family. We do OK, own a house, good jobs, good cars etc.

I have tried to live my life with consideration for others. It makes me feel good to do good or something random for someone.

I don't like taking favours from people and I try to be self sufficient in all that I do.


My point is and that grates on me is that overtime I see so many people that are rude arrogant turkeys continually come up and do extremely well.

They are always nice to those that they need to or that can help them to get ahead be but plain out rude wan%^$# to people they don't see can help them.

Another example is the guy in the new Merc that pulls out into traffic without acknowledging people or using blinkers. Even tooting your horn does not elicit a response. The guy simply does not care about you or what you think. Is this a reflection of his entire approach to life? Do what you need to do and screw others??

The question is: To become wealthy and progress in life do I need to forget ethics, manners and consideration for others and become self consumed and only ever focussed on my self??


Right on CMC, I work for a strange combination of the uber rich and the poverty stricken. I constantly get arguments about quotes /bills from the Toorak dwellers but the folks with zilch will pay in 10 cent pieces if they have to. One guy who owed me 50 bucks rode his bike from St. Kilda to my place (10 K) to pay me.
getfunky
getfunky
WA
4485 posts
WA, 4485 posts
12 May 2011 11:55am
GalahOnTheBay said...

Pugwash said...

I exercise my sovereign right. The great unwashed shall yield when I am driving my Merc.


As a member of the great unwashed in my POS car you are welcome to try your luck against me. My car already has dings, does yours want some too? lol




Classic.

Exactly my attitude when indicating to move over lanes in my ol' Kombi years ago. "Well I don't have insurance - so if your gonna rush to close up that space - you better have good cover."

Yes - arrogance comes with the territory for most cashed up folks. The feeling of financial superiority seems to ease the pain of having less folks that like/love them for anything other than their moula.
whippingboy
whippingboy
WA
1104 posts
WA, 1104 posts
12 May 2011 12:04pm
Not paying tax is the key to wealth in this country.

Family trusts, negative gearing, undeclared income, leasing through shelf companies etc is the way to go.

So I suppose you've got to be pretty arrogant to rort the system and then want to have a say in how it is run.

CMC
CMC
QLD
3954 posts
CMC CMC
QLD, 3954 posts
12 May 2011 2:33pm
whippingboy said...

Not paying tax is the key to wealth in this country.

Family trusts, negative gearing, undeclared income, leasing through shelf companies etc is the way to go.

So I suppose you've got to be pretty arrogant to rort the system and then want to have a say in how it is run.




It's a while ago now but this first struck me when I was at Uni. I was ineligible for any Austudy or government help. My Dad had a roofing business, my Mum a teacher. Hardly rock star money. They happily paid for me to go to Uni as long as I didnt fail and tried my best.

There was a heap of rich kids driving around campus in brand new cars their parents had bought them as a present for finishing school. These guys got full Austudy, housing assistance the works. Their parents were clearly much better at rorting the system than mine........ I only got an old HT Holden to cruise around in.

Not wanting to sound like a whinger or that I dislike people with money, I just wanted opinions on whether people it was still possible to lead a happy, ethical life and be financially comfortable at the same time.
doggie
doggie
WA
15849 posts
WA, 15849 posts
12 May 2011 12:38pm
getfunky said...

GalahOnTheBay said...

Pugwash said...

I exercise my sovereign right. The great unwashed shall yield when I am driving my Merc.


As a member of the great unwashed in my POS car you are welcome to try your luck against me. My car already has dings, does yours want some too? lol




Classic.

Exactly my attitude when indicating to move over lanes in my ol' Kombi years ago. "Well I don't have insurance - so if your gonna rush to close up that space - you better have good cover."

Yes - arrogance comes with the territory for most cashed up folks. The feeling of financial superiority seems to ease the pain of having less folks that like/love them for anything other than their moula.


I used to work for Porsche and Bentley. Generally people with money are ok but some are just arrogant pricks
Pugwash
Pugwash
WA
7733 posts
WA, 7733 posts
12 May 2011 12:49pm
GalahOnTheBay said...

Pugwash said...

I exercise my sovereign right. The great unwashed shall yield when I am driving my Merc.


As a member of the great unwashed in my POS car you are welcome to try your luck against me. My car already has dings, does yours want some too? lol


Read with snooty accent:

"SECURITY, please escort this galah from this place...

By the way, what is this P... O... S... car"

pugwash actually drives a commodore, it's 6 years old
GypsyDrifter
GypsyDrifter
WA
2371 posts
WA, 2371 posts
12 May 2011 1:14pm
CMC said...

OK I am in my mid 30's now with a family. We do OK, own a house, good jobs, good cars etc.

I have tried to live my life with consideration for others. It makes me feel good to do good or something random for someone.

I don't like taking favours from people and I try to be self sufficient in all that I do.


My point is and that grates on me is that overtime I see so many people that are rude arrogant turkeys continually come up and do extremely well.

They are always nice to those that they need to or that can help them to get ahead be but plain out rude wan%^$# to people they don't see can help them.

Another example is the guy in the new Merc that pulls out into traffic without acknowledging people or using blinkers. Even tooting your horn does not elicit a response. The guy simply does not care about you or what you think. Is this a reflection of his entire approach to life? Do what you need to do and screw others??

The question is: To become wealthy and progress in life do I need to forget ethics, manners and consideration for others and become self consumed and only ever focussed on my self??


So you will do a random act of kindness and feel great about it ...BUT!
Not let someone do it for you! {and let them get the same buzz}

and as for your question...I have one of those people in my family.
and thats how they made their money:- "with no consideration to others"
They are family so I do love them.....But!!!!!!!!! I don't like them and have very little to do with them.
Mobydisc
Mobydisc
NSW
9029 posts
NSW, 9029 posts
12 May 2011 3:19pm
CMC said...

whippingboy said...

Not paying tax is the key to wealth in this country.

Family trusts, negative gearing, undeclared income, leasing through shelf companies etc is the way to go.

So I suppose you've got to be pretty arrogant to rort the system and then want to have a say in how it is run.




It's a while ago now but this first struck me when I was at Uni. I was ineligible for any Austudy or government help. My Dad had a roofing business, my Mum a teacher. Hardly rock star money. They happily paid for me to go to Uni as long as I didnt fail and tried my best.

There was a heap of rich kids driving around campus in brand new cars their parents had bought them as a present for finishing school. These guys got full Austudy, housing assistance the works. Their parents were clearly much better at rorting the system than mine........ I only got an old HT Holden to cruise around in.

Not wanting to sound like a whinger or that I dislike people with money, I just wanted opinions on whether people it was still possible to lead a happy, ethical life and be financially comfortable at the same time.




Yeah the whole Australian tax system is so complex as laws are put in place to stop tax dodges and so on. It would be much better to wipe the whole system out and to say something like everyone pays 15% income tax, no ifs, no buts. Doesn't matter if you earn $100 a year or ten million. The person on ten million would probably be paying income tax for the first time in their life.

In regards to arrogance, I don't think it has much to do with wealth. Its just that arrogant rich people get their way more than arrogant poor people.

There is a bloke who lives somewhere around where I live. Sometimes he walks home yelling racist obscenities at the top of his voice. He is an arrogant rude prick but he isn't rich.




GypsyDrifter
GypsyDrifter
WA
2371 posts
WA, 2371 posts
12 May 2011 1:22pm
The one thing I did find when working in rich areas was.

People that were wanner-bee "richie riches" were arrogant and just plain ugly
and People that were born into money were snootie but not arrogant or nasty or ugly in dealing with the general public.

I do believe in England there is far more class distinction there and more arrogant wanner-bees that try to crawl up out of their class to the next level.
Mark _australia
Mark _australia
WA
23648 posts
WA, 23648 posts
12 May 2011 1:23pm
I propose wealth is the key to arrogance?

GalahOnTheBay
GalahOnTheBay
NSW
4188 posts
NSW, 4188 posts
12 May 2011 4:34pm
Pugwash said...

Read with snooty accent:
"SECURITY, please escort this galah from this place...
By the way, what is this P... O... S... car"


lol - don't get me wrong, I don't usually do it as part of road rage but if someone thinks it is their god given right to merge in to me when there is no space and expect me to move that's a whole other ballgame.

This is me:



PS: POS = Piece of sugar :-)
Waterloo
Waterloo
QLD
1497 posts
QLD, 1497 posts
12 May 2011 4:50pm
Mark _australia said...

I propose wealth is the key to arrogance?




Money is not the root of all evil...

Lack of money is the root of all evil
dinsdale
dinsdale
WA
1227 posts
WA, 1227 posts
12 May 2011 2:55pm
CMC said...
... still possible to lead a happy, ethical life and be financially comfortable at the same time.

Leading a happy, ethical life and being financially well off are 2 mutually exclusive states. For some people money only buys them a higher class of misery, yet it's entirely possible to be fully happy whilst being broke. I believe that learning to be the latter is the secret to true contentment.

Wineman
Wineman
NSW
1412 posts
NSW, 1412 posts
12 May 2011 5:06pm
Waterloo said...

Mark _australia said...

I propose wealth is the key to arrogance?




Money is not the root of all evil...

Lack of money is the root of all evil


"The love of money is the root of all evil..."
ADS
ADS
WA
365 posts
ADS ADS
WA, 365 posts
12 May 2011 4:03pm
I see you read the Bible Wineman
Wineman
Wineman
NSW
1412 posts
NSW, 1412 posts
12 May 2011 6:28pm
ADS said...

I see you read the Bible Wineman


Ohhh... I thought it was Confusius.


cranky
cranky
440 posts
440 posts
12 May 2011 4:28pm
ADS said...

I see you read the Bible Wineman


And for the God fearing wealthy - It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God
felixdcat
felixdcat
WA
3519 posts
WA, 3519 posts
12 May 2011 4:38pm
cranky said...

ADS said...

I see you read the Bible Wineman


And for the God fearing wealthy - It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God


Depend of the size of the needle and the size of the camel!

ADS
ADS
WA
365 posts
ADS ADS
WA, 365 posts
12 May 2011 4:55pm
The "eye of the needle" refers to an ancient entrance into old Jerusalem that required camels to be unloaded in order to enter. Difficult but possible...
nebbian
nebbian
WA
6277 posts
WA, 6277 posts
12 May 2011 5:30pm
And here I was thinking that "camel" was a mistranslation referring to rope made from camel hair.

www.angelfire.com/wy/Franklin4YAHWEH/camelthroughneedle.html
dinsdale
dinsdale
WA
1227 posts
WA, 1227 posts
12 May 2011 6:03pm
nebbian said...

And here I was thinking that "camel" was a mistranslation referring to rope made from camel hair.

www.angelfire.com/wy/Franklin4YAHWEH/camelthroughneedle.html

You should have read further. It works its way all the way 'round and back to "camel", and further examines the meaning of "... eye of a needle." Interesting, in a passing sort of way .
Cassa
Cassa
WA
1305 posts
WA, 1305 posts
12 May 2011 6:46pm
CMC said...

OK I am in my mid 30's now with a family. We do OK, own a house, good jobs, good cars etc.

I have tried to live my life with consideration for others. It makes me feel good to do good or something random for someone.

I don't like taking favours from people and I try to be self sufficient in all that I do.


My point is and that grates on me is that overtime I see so many people that are rude arrogant turkeys continually come up and do extremely well.

They are always nice to those that they need to or that can help them to get ahead be but plain out rude wan%^$# to people they don't see can help them.

Another example is the guy in the new Merc that pulls out into traffic without acknowledging people or using blinkers. Even tooting your horn does not elicit a response. The guy simply does not care about you or what you think. Is this a reflection of his entire approach to life? Do what you need to do and screw others??

The question is: To become wealthy and progress in life do I need to forget ethics, manners and consideration for others and become self consumed and only ever focussed on my self??


The morals you quote are all good , dont change them , be yourself ,and ignore the inconsiderate ,in life, work hard be good to your mother (and others), if the rude turkeys present themselves at the right situation , SHOOT the b@rstrds... only joking ignore them , If you do good and it makes you feel good, keep it up , a good work ethic and and an attractive accountant (wife) will allways put you in front
SandS
SandS
VIC
5904 posts
VIC, 5904 posts
12 May 2011 10:07pm

Petermac.

"if i owned a house i'd sell asap,rent and then wait till property prices collapse as they surely will."

I thought this same thing about seven or eight years ago .. and did sell it ,the same house is now a couple of hundred k dearer.

If our population increases as some polys want it to , house prices may keep going wfk?
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