Rule #1: NEVER admit wealth to anyone: Friend or family.
 

If you want to help someone out, do it :anon


Rule #2:
See rule #1

what if they already know?

Then it sucks to be you.

:1orglaugh

The more beggars around you, the richer you are :winkwink:

And if you dare refuse, they won't talk to you anymore. :(

http://www.thenervousbreakdown.com/p.../01/beggar.jpg

Seriously though:

You make casual comments that you have lost the majority of it in the market and taxes. That what is left is tied up in INSERT HARD UNSELLABLE ASSET HERE.

Even if you are making money hand over fist in the market - NEVER admit it to anyone. People get bitter, they feel entitled to let you pick up the tab. Always live below your means.

I have a friend who was once a multi-millionaire, the biggest mistake he ever made was to tell people about it and the loans and shit got way out of hand. He got crushed liquidating good stock positions to give loans that never got paid back.

Don't even tell your wife how much you have. Hide it.

:1orglaugh

The last guy I gave a 5-spot to approached me at the gas station.

He said "Hey man, can I have a few bucks for a beer?"

I found the honestly refreshing, so I broke a personal rule, and gave the guy some cash.

I never tell anyone. :)

I already follow that rule.

People will start asking for loans and will hardly pay in-time. And if you refuse, your relationship is fucked.

Not just wealth, I keep my everything to myself.

This is so true, I lost few dear friends
so, now I have rule to not tell how much I have, and no loans.

Sad but true

good rule !