You’ve gotta show up at the offices of ppl who owe you docs. You need to breathe on their ear. You need to poke their shoulder & ask where the docs are. You've gotta show up at their house & eat the food off their dinner table & lie at the foot of their bed & hide in their walls
@uncledoomer And they deserve it. If you shine a laser at an aircraft full of people you deserve to be drone striked. It's not a joke, it's not funny, and people doing it aren't funny, they are people attempting to commit mass murder.
If you are ever on a crashing airplane, know that you will not be permitted any silence or dignity to contemplate your impending fate and reflect on your mortality. Instead, you'll be subject to the pointless unproductive screaming of the hysterical foids all around you.
Poor Micro, trying to slut shame me, a happily married woman for nearly two decades. Teeny tiny men with micro manhoods often resort to misogynistic attacks. It’s okay Micro! I’m sure your disability makes it really tough to look at more successful women!
I inherited (the first time) at around the same age (a bit younger), with a fairly similar situation.
Fast forward years later, I inherited the second time, the much larger inheritance (e.g. the family office).
How to handle it is complicated for many reasons, especially losing both parents.
The biggest issue I remember was that everyone was focused on how to spend it so quickly, meanwhile I was in immense emotional pain from loss of a parent — it made me almost hate that money, because it was all people thought about, and it bothered me. It caused me to learn and look at things differently.
While there are endless possibilities, I suggest he not rush, and not spend for a period of time.
Too many emotions, and too many people with their own motives, can impact and cloud his judgement.
I learned that outside people can have bad motives, ideas, and many are all too transparent about their focus — the more wealth, the more of a frenzy they get into with eager ideas of how to spend/invest it.
In both cases, it impacted me, but I wish people would have let things settle a bit before throwing ideas at me. It was overwhelming.
In each case, I had to take a break for a period of time, to just disappear and process everything.
📌 My advice would be this:
- Don't make any decisions right away, there is no rush.
- Take time to process the situation. Hide from everyone for a bit, a few months of no contact will help you achieve mental clarity, rather than being a distraction.
- Don't spend/invest anything for a period of time, let your emotions calm, to where you are thinking more clearly. Take time.
- Don't trust anyone, especially those who try to push ideas quickly.
- Don't waste it. Protect it and strive to preserve/grow it. That inheritance is effectively your survival, and is what will save you and protect you for a lifetime. If lost, it doesn't magically reappear.
- Remember, wealth is lost and spent faster than people imagine.
- Resist spending, put thought into any spending decision, especially the first few years.
- Being young, you want to party, enjoy life, and impress girls. Resist that, it's artificial, everything disappears after the moment of spending. It doesn't achieve anything lasting or real.
- Financial "experts" are often careless or clueless, and might suggest things to their advantage, or simply bad ideas. Think carefully about anything suggested, especially the first few years, when people often try to be slick in what they suggest.
- Assume that anyone with a suggestion, has their own self-interest in mind — and is not always in your best interest.
- Especially if other people know (or estimate) the amount, be very cautious. Regardless if whether $30M/$100M/$XXB, understand that public knowledge isn't always a good thing, and can be very dangerous, it's better to be private.
- The right investments are critical, and should be carefully decided, where you truly understand the investment, and have researched everything yourself.
- Average people get excited by large amounts of wealth, eager to spend, eager to give advice of how to invest. Ignore most people.
- Don't spend the principal.
- Don't quit your job. There is no need to live off your inheritance. Continue working, especially until you have achieved more wealth.
- $30M is significant, but also not enough.
- If starting at $30M, your first goal should be $100M, then $1B.
- Life doesn't change much over $100M (even over $1B), because you can already afford the best quality of whatever desired. Over $1B starts to be more about scale and options, than quality.
However, under $100M (from <$1M to $100M), there are steps in quality of life, and it does change.
Under $100M, it's easy to waste and lose it all quickly. At $30M, don't spend like you have $100M/$1B, because you don't.
- Always remember: If it doesn't last your lifetime, they you have failed to manage it properly
I wish him luck. It's not easy.