LOL alright guys. I'm not going to argue with people making the case that your lifestyle won't change if your pay doubles. You can dig your own graves making that case. It's among the most ridiculous arguments I've ever heard.

LJ;1552061 wrote:I hate when people ask this. A statement is made on a situation that is completely unequal, then someone says "well all things equal wouldn't you?". Well duh, but things aren't equal, which is why the point was made in the first place.

Except we weren't talking about the situation as a whole. The point argued is that he made the assumption that Meyer wouldn't need 10M/yr, because he already makes 4M/yr. That's just nonsensical. Of course, there are other factors for coaches, but to simply say he already has enough money is just dumb. There are many other things he could easily afford with the extra money. Vacation homes, yachts, more money to invest to create wealth for his family when he is gone. You can't just say he already has a nice house and nice cars, that's all he needs.

se-alum;1552100 wrote:The point argued is that he made the assumption that Meyer wouldn't need 10M/yr, because he already makes 4M/yr.

Who is the "he" that made that argument, and in what post number?

Me?;1552099 wrote:LOL alright guys. I'm not going to argue with people making the case that your lifestyle won't change if your pay doubles. You can dig your own graves making that case. It's among the most ridiculous arguments I've ever heard.

Someone making 1 Million won't live a different lifestyle as a whole vs someone who makes 2 million. It has a diminishing effect. I am sorry that you cannot understand that.

I personally know a Fortune 500 CEO (he dates a family member) and he's only been the CEO for a few years. He makes upwards of 10 million a year. Before holding his current position, he made somewhere in the neighborhood of 3.5 million a year. His lifestyle is drastically different. Because only poor people would think that once you're making 7 figures, you can have anything you ever want.

Me?;1552099 wrote:LOL alright guys. I'm not going to argue with people making the case that your lifestyle won't change if your pay doubles. You can dig your own graves making that case. It's among the most ridiculous arguments I've ever heard.

To re-use an example, Bill Gates. What would he be able to do if his income doubles next year that he can't do today? Please be specific.

Me?;1552106 wrote:I personally know a Fortune 500 CEO (he dates a family member)

Just because you read an article about him does not mean that he dates a family member or that you know him, SQ.

Me?;1552106 wrote: Because only poor people would think that once you're making 7 figures, you can have anything you ever want.

Please point out the post where anyone made that statement.

queencitybuckeye;1552107 wrote:To re-use an example, Bill Gates. What would he be able to do if his income doubles next year that he can't do today? Please be specific.

Donate half of it to polio cures and AIDS, cancer, whatever he wants and still retain the lifestyle he leads now. That's one example.

LJ;1552110 wrote:Just because you read an article about him does not mean that he dates a family member or that you know him, SQ.

More likely, he runs the company, SQ empties the cans into the truck.

Me?;1552112 wrote:Donate half of it to polio cures and AIDS, cancer, whatever he wants and still retain the lifestyle he leads now. That's one example.

He already does that.

LJ;1552110 wrote:Just because you read an article about him does not mean that he dates a family member or that you know him, SQ.

Jesus Christ, here we go again. I don't really care if you don't believe me, but the only reason you don't is because I have a first hand example and it hurts your argument.

queencitybuckeye;1552107 wrote:To re-use an example, Bill Gates. What would he be able to do if his income doubles next year that he can't do today? Please be specific.

So the 30k to 65k comparison was terrible, but now the comparison between 10M and 72B isn't? LOL

Me?;1552099 wrote:LOL alright guys. I'm not going to argue with people making the case that your lifestyle won't change if your pay doubles. You can dig your own graves making that case. It's among the most ridiculous arguments I've ever heard.

Would my lifestyle change if I made 26 trillion dollars a year compared to 13 trillion dollars a year?

You're wrong, SQ. You're plain ol wrong.

queencitybuckeye;1552115 wrote:He already does that.

Right. So with twice the income he could donate twice as much, correct? That doesn't make a difference?

Me?;1552116 wrote:Jesus Christ, here we go again. I don't really care if you don't believe me, but the only reason you don't is because I have a first hand example and it hurts your argument.

You don't have a first hand argument because

1. It's a lie
2. your argument is completely opposite of every multi-millionaire I've ever known.

LOL...alright, see ya boys. The SQ stuff is just about as ridiculous as the claim that doubling your pay doesn't change your lifestyle at this point.

se-alum;1552119 wrote:So the 30k to 65k comparison was terrible, but now the comparison between 10M and 72B isn't? LOL

Who compared 10M and 72B? Wasn't me.

Me?;1552124 wrote:LOL...alright, see ya boys. The SQ stuff is just about as ridiculous as the claim that doubling your pay doesn't change your lifestyle at this point.

queencitybuckeye;1552126 wrote:Who compared 10M and 72B? Wasn't me.

Right. Just because you use the karen lotz style of passive aggressive posting, doesn't mean you didn't do it. You're trying to use Bill Gates to prove that a coach making 4M/yr couldn't change his lifestyle if he made 10M/yr.

Me?;1552124 wrote:LOL...alright, see ya boys. The SQ stuff is just about as ridiculous as the claim that doubling your pay doesn't change your lifestyle at this point.

I believe this means he is admitting he is SQ

Also, the house argument is just dumb. Pretty sure he could build a bigger house make 10M/yr than he could making 4M/yr.

se-alum;1552131 wrote:Right. Just because you use the karen lotz style of passive aggressive posting, doesn't mean you didn't do it. You're trying to use Bill Gates to prove that a coach making 4M/yr couldn't change his lifestyle if he made 10M/yr.

Not at all, I used two different examples to refute the "lifestyle" point. You're the one trying to mix and match them.

In the case of Coach Meyer, I pointed out that the difference between 5 and 10 million dollars per year does not yield a substantial lifestyle improvement, as there is little or nothing he can't buy today that he could if he made twice as much money. I used a house as an example, as that is the number one expenditure for most of us. There are no, repeat no houses in Central Ohio he could afford if he made twice as much money that he couldn't buy today. Lifestyle change: negligible.

I used Gates as an extreme example of the absurdity of the notion that the difference in percentage of income "scales". It doesn't. Bill Gates could make two, ten, or a hundred times more money next year than this year. Lifestyle change: None. Zip. Zilch.

People don't build houses to their own specifications? LeBron could have bought any house in Akron right? Instead he built a 35,000 square foot house because he could. Could Anderson Varejao buy any house in Akron? Yep. Could he build a 25 million dollar house in Akron? Nope.

queencitybuckeye;1552137 wrote:Not at all, I used two different examples to refute the "lifestyle" point. You're the one trying to mix and match them.

In the case of Coach Meyer, I pointed out that the difference between 5 and 10 million dollars per year does not yield a substantial lifestyle improvement, as there is little or nothing he can't buy today that he could if he made twice as much money. I used a house as an example, as that is the number one expenditure for most of us. There are no, repeat no houses in Central Ohio he could afford if he made twice as much money that he couldn't buy today. Lifestyle change: negligible.

I used Gates as an extreme example of the absurdity of the notion that the difference in percentage of income "scales". It doesn't. Bill Gates could make two, ten, or a hundred times more money next year than this year. Lifestyle change: None. Zip. Zilch.

We'll just agree to disagree.