i don't understand how rich people can commit suicide

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OverVolt

Lifer
Aug 31, 2002
14,278
89
91

Yes yes, your Internets is better than my Internets I'm sure. I watched some hour long youtube video about his finances soon after he died. I don't think its that easy to just dump a 35million dollar house on the real estate market, nor do I think he wanted to put it up for sale.

I think at 63 he realized he wasn't going to be able to easily retire and keep making the alimony payments and felt hopeless. Just like the second comment, the house might've been worth XYZ million if he downsized but the upkeep on both probably had cost him a small fortune all by itself. The only way to unleash pent up equity is to downsize. Houses aren't really investments as much as forced savings accounts that you can't access unless you sell it. He was having trouble selling it. They've had to drop the price. So yes, I'd consider that money problems.
 

MrColin

Platinum Member
May 21, 2003
2,403
3
81
Money does too buy happiness guys. You can only buy up to about $75k/year, which is not always enough to offset the level of suckage or loserhood.
 

Leyawiin

Diamond Member
Nov 11, 2008
3,204
52
91
"Anyone who says money can't buy happiness doesn't know where to shop"

Lovey Howell - Gilligan's Island.
 

zerocool84

Lifer
Nov 11, 2004
36,041
472
126
Because when you get used to a certain type of lifestyle and something goes wrong, that's when you can get depressed.
 

tcsenter

Lifer
Sep 7, 2001
18,522
333
126
Because they realize that money doesn't solve all of a person's problems
This sort of seems to imply that everyone who ends-up rich somehow set-out to become rich or ameliorate unhappiness with money. Lot's of people get rich because they were good at or pursued something they loved, and the opportunity to make money followed, often somewhat unexpectedly or to an unexpected degree. Not like they were 12 and said "I'm going to spend 10K hours getting good at this so I can get rich, because with money I can be happy", but rather "I'm going to spend 10K hours getting good at this because I like it." And so it's not that they "realized" their game plan to ameliorate unhappiness has failed. They didn't know they were unhappy to begin with, probably because they weren't unhappy or depressed for many years.