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13 February 2024, 08:54 AM | #91 | |
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You’re wrong about Musk and Bezos. Sent from my iPhone using Tapatalk |
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13 February 2024, 08:57 AM | #92 | |
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Yes. Paris Hilton is a good example of old money. Same with the Waltons, the heirs of Walmart. I could go on and on… Sent from my iPhone using Tapatalk |
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13 February 2024, 11:07 AM | #93 |
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I suppose old money is Daydate, right?
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13 February 2024, 12:14 PM | #94 |
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In 2024 it’s a 16610. Timeless classic.
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13 February 2024, 12:14 PM | #95 |
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Old money is the day date that is handed down from grandpa, rather than acquired by buying trinkets at the AD in order to acquire one at retail from a sales associate who will probably be working at the Mazda dealership in six months. Old money holds onto valuable things and passes them down, generation to generation; furniture, watches, cars, whatever, new money has a bunch of new things, but might not be able to keep them all long enough to pass them down.
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13 February 2024, 01:07 PM | #96 |
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13 February 2024, 01:23 PM | #97 | |
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From the ground up new money is heavily taxed. Harder to build assets from scratch - definitely harder to have more stuff to gift… |
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13 February 2024, 01:28 PM | #98 | |
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You nailed it. |
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14 February 2024, 01:27 AM | #99 | |
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Sam Walton, founder of Walmart, was the first of his family to become wealthy. He opened his first store in 1946. We all know what happened after that. I don’t consider his heirs, as coming from old money. They certainly aren’t in the same category, as the Hiltons. Kat Sent from my iPad using Tapatalk |
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