Log In

Your email is not your username

Register

If you were a member of the old Bodybuilding.com forums and would like to reuse your previous username, you can request it below. We use your email only for registration and do not store it. For more information, please see our Privacy Policy.

Confirm your email

A registration code was sent to your email. Enter it here.

Welcome

You have successfully setup your account.

Sign in

Quick Navigation Bottom Misc
Forum » Need advice for my rich friend
  1. Results 1 to 30 of 31
  2. Page 1 of 2
  3. 1
  4. 2
  6. Last

Thread: Need advice for my rich friend

post 1625497353 12-14-2020, 09:59 AM
-
#1
  1. Glutebrahhh
  2. Glutes of Peace
  1. Glutebrahhh
  2. Glutes of Peace
  3. Join Date: Sep 2020
  4. Posts: 4,079
  5. Rep Power: 16807

Need advice for my rich friend

I'm not sure just how rich, but lets pretend several million cause it's at least that. But frankly it doesn't matter.

He came to me the other day, feeling kind of down (I believe he trusts me more than most people) and was looking for investment/business advice. He feels the weight of his wealth you know, he understands he lives a privileged life, and he feels obligated to do something useful with it - other than live comfortably on the interest and divs for the rest of his life - which is admirable I told him.

Anyway, I'll cut to the chase. I'm no business adviser. I have some related experience, but that doesn't make me any sort of leader or first mover or entrepreneur. I offered the best advice I could, about maybe volunteering, or just literally looking around his hometown and the surrounding area, and identifying problems that could use help. Basically, lots of vague advice. What would you guys say to someone in that position though?
post 1625499873 12-14-2020, 10:30 AM
-
#2
  1. Glutebrahhh
  2. Glutes of Peace
  1. Glutebrahhh
  2. Glutes of Peace
  3. Join Date: Sep 2020
  4. Posts: 4,079
  5. Rep Power: 16807
post 1625500183 12-14-2020, 10:34 AM
-
#3
  1. steeler505
  2. 🇷🇺🇷🇺🇷🇺
  1. steeler505
  2. 🇷🇺🇷🇺🇷🇺
  3. Join Date: Nov 2016
  4. Location: Denmark
  5. Posts: 22,068
  6. Rep Power: 156449
Buy low sell high
**Misc. Pureblood Crew**
**No Hymen No Diamond Crew**
**Russia/anti-degen Crew**
**Her anus tint tells you everything you need to about her Crew**

Auto-negging posts with instagram/tiktok links and not embedding a single image
post 1625500823 12-14-2020, 10:40 AM
-
#4
  1. Train57
  2. Registered Operator
  1. Train57
  2. Registered Operator
  3. Join Date: May 2015
  4. Location: United States
  5. Posts: 16,460
  6. Rep Power: 39047
open a brothel of twinks
Ambatukam!!!!!

Active Duty CoD Operator

Crypto expert
post 1625500853 12-14-2020, 10:41 AM
-
#5
  1. Glutebrahhh
  2. Glutes of Peace
  1. Glutebrahhh
  2. Glutes of Peace
  3. Join Date: Sep 2020
  4. Posts: 4,079
  5. Rep Power: 16807
Originally Posted By Rajc⏩
what is his exact goal you retard
To not live a selfish, meaningless existence. On one hand, this could be a pointless pursuit in the depths of winter when he's low on vitamin d and bored. Conversely, it could be an opportunity for something really good to happen. I understand very well it's 100% how hard he really wants to work, does he actually want to sacrifice and work? Or just feel good?
Originally Posted By SuperHercules⏩
Tell him to buy some balls with that money and quit being such a whiny *******
8 balls? He's basically sober. Though we might do some shroomies some time.
Originally Posted By steeler505⏩
Buy low sell high
He knows nothing, and has no interest in financial dealings. He almost has a degree in pysch. Plus he and his families wealth is already heavily managed.
post 1625501243 12-14-2020, 10:45 AM
-
#6
  1. Glutebrahhh
  2. Glutes of Peace
  1. Glutebrahhh
  2. Glutes of Peace
  3. Join Date: Sep 2020
  4. Posts: 4,079
  5. Rep Power: 16807
Originally Posted By Rajc⏩
tell him to open a company and then use that company to give good job opportunities to lots of people and treat them well

he's probably just frontin boyo
But what kiiiind of business?

He's in a small isolated town wedged between the mountains and the sea, a couple hours from any major city. The area he's in is primarily retirement, but it's been growing. Drug issues are a pretty major concern in the wider geographical area. Meth, heroin, etc. but there's some significant influence already in place to deal with it, treatment centers, etc.

edit: where could a person like him search for business partners? Craigslist? lol
post 1625501413 12-14-2020, 10:47 AM
-
#7
  1. JustMoved24
  2. Registered User
  1. JustMoved24
  2. Registered User
  3. Join Date: Jun 2014
  4. Location: United States
  5. Age: 37
  6. Posts: 14,222
  7. Rep Power: 43144
Have him pay some of these female miscers to post spoon+Lingerie pics
New York
post 1625503013 12-14-2020, 11:02 AM
-
#8
  1. Glutebrahhh
  2. Glutes of Peace
  1. Glutebrahhh
  2. Glutes of Peace
  3. Join Date: Sep 2020
  4. Posts: 4,079
  5. Rep Power: 16807
Originally Posted By Rajc⏩
how about he uses that money to actually go somewhere, that isn't completely boomer infested? no wonder he feels down dealing with these old fuking geezers all day everyday jfl at being this retarded
But he's already close to family and friends, and when he gets tired of it, he just visits one of the family homes in florida.

Plus, living a sheltered life, he's pretty weary of foreign countries.
post 1625503503 12-14-2020, 11:07 AM
-
#9
  1. RICHSTRONG
  2. Pa BITCHES
  1. RICHSTRONG
  2. Pa BITCHES
  3. Join Date: Mar 2012
  4. Location: United States
  5. Height: 6'2"
  6. Weight: 350 lbs
  7. Posts: 85,342
  8. Subscribers: 14
  9. Rep Power: 1664327
Tell him to help out the Richstrong Foundation 4 retarded Bodybuilders.
See monster0ultra's sig
post 1625503543 12-14-2020, 11:07 AM
-
#10
  1. MustardTiger17
  1. MustardTiger17
  3. Join Date: Dec 2012
  4. Location: United States
  5. Posts: 38,603
  6. Subscribers: 7
  7. Rep Power: 238919
He sounds like a low test *******. Hardships build character.
Not in the AM
post 1625503743 12-14-2020, 11:10 AM
-
#11
  1. Glutebrahhh
  2. Glutes of Peace
  1. Glutebrahhh
  2. Glutes of Peace
  3. Join Date: Sep 2020
  4. Posts: 4,079
  5. Rep Power: 16807
Originally Posted By RICHSTRONG⏩
Tell him to help out the Richstrong Foundation 4 retarded Bodybuilders.
Will mention this, but I don't think it'll take.
Originally Posted By MustardTiger17⏩
He sounds like a low test *******. Hardships build character.
Can you fault him for growing up in it? To add insult to injury, he was also raised in that crazy religion with those guys that always come knocking. I forget the name. But he's been removed from them for about 5 or 6 years now.

edit: Jehovah's witness !
post 1625504283 12-14-2020, 11:14 AM
-
#12
  1. MadNinjaSkills
  2. Unregistered Ninja
  1. MadNinjaSkills
  2. Unregistered Ninja
  3. Join Date: Aug 2013
  4. Location: San Diego, California, United States
  5. Age: 46
  6. Posts: 6,600
  7. Rep Power: 209500
Is he looking to make a difference and enrich the the lives of others?
I’d always suggest volunteering and supporting a non-profit aimed at helping children, children with special needs or a cause dear to his heart.
post 1625504323 12-14-2020, 11:15 AM
-
#13
  1. MustardTiger17
  1. MustardTiger17
  3. Join Date: Dec 2012
  4. Location: United States
  5. Posts: 38,603
  6. Subscribers: 7
  7. Rep Power: 238919
Originally Posted By Glutebrahhh⏩
Can you fault him for growing up in it?
No. But unfortunately that's the way it works. Growing up sheltered stunts your development. His best bet would probably be volunteering or starting a charity.
Not in the AM
post 1625504773 12-14-2020, 11:18 AM
-
#14
  1. xXWarsmtihXx
  2. Registered User
  1. xXWarsmtihXx
  2. Registered User
  3. Join Date: Jun 2016
  4. Location: United States
  5. Age: 37
  6. Posts: 374
  7. Rep Power: 1159
Ask him to buy the misc, remove all bannable offenses, and let the lulz flow. Also you could sell it to him by pointing out most of the misc has a learning disability and this is their safe space.
post 1625504973 12-14-2020, 11:20 AM
-
#15
  1. Glutebrahhh
  2. Glutes of Peace
  1. Glutebrahhh
  2. Glutes of Peace
  3. Join Date: Sep 2020
  4. Posts: 4,079
  5. Rep Power: 16807
Originally Posted By MadNinjaSkills⏩
Is he looking to make a difference and enrich the the lives of others?
I’d always suggest volunteering and supporting a non-profit aimed at helping children, children with special needs or a cause dear to his heart.
Yes, precisely. This is effectively what I said. At least 'getting your hands dirty,' will expose you to real world suffering, and give you an idea of what is out there.
Originally Posted By MustardTiger17⏩
No. But unfortunately that's the way it works.Growing up sheltered stunts your development.His best bet would probably be volunteering or starting a charity.
I agree. But he's a friend with good intentions, and enough intelligence/self-awareness to figure this out himself. There's no need for me to lecture him.
post 1625505453 12-14-2020, 11:25 AM
-
#16
  1. redraider86
  2. Christina Hansen
  1. redraider86
  2. Christina Hansen
  3. Join Date: Jun 2011
  4. Posts: 20,627
  5. Rep Power: 2064840
I like your advice, but I'd flip it. Volunteer with a couple of different organizations, figure out which ones are being run by competent non morons, then create some sort of a giving plan.
Train hard, train smart, have fun!

"I'm not autistic- I'm ARTISTIC." - etet1919
post 1625506363 12-14-2020, 11:35 AM
-
#17
  1. MadNinjaSkills
  2. Unregistered Ninja
  1. MadNinjaSkills
  2. Unregistered Ninja
  3. Join Date: Aug 2013
  4. Location: San Diego, California, United States
  5. Age: 46
  6. Posts: 6,600
  7. Rep Power: 209500
Originally Posted By redraider86⏩
I like your advice, but I'd flip it. Volunteer with a couple of different organizations, figure out which ones are being run by competent non morons, then create some sort of a giving plan.
This is fantastic advice. ^

Also to add, you can request a copy of a non-profits annual report. It will show how their funds are being managed and how they are being allocated. And when giving a donation or a grant, you can restrict it. This ensures the money is specifically used for what you want it used for.
One more thing, he can always serve on a non-profit board. Finding good board members is hard! Many just join a board for the clout and pat on the back. Never attend meetings or actually do anything to help.
I hope your friend fiends what he’s looking for.
post 1625506513 12-14-2020, 11:37 AM
-
#18
  1. Glutebrahhh
  2. Glutes of Peace
  1. Glutebrahhh
  2. Glutes of Peace
  3. Join Date: Sep 2020
  4. Posts: 4,079
  5. Rep Power: 16807
Originally Posted By redraider86⏩
I like your advice, but I'd flip it. Volunteer with a couple of different organizations, figure out which ones are being run by competent non morons, then create some sort of a giving plan.
I have the feeling that he doesn't just want to give money away. I think it's still a safety net that is too protective to give up, but he is eager/inclined to utilize the funds in a way that can still create value for others.
Originally Posted By MadNinjaSkills⏩
This is fantastic advice. ^

Also to add, you can request a copy of a non-profits annual report. It will show how their funds are being managed and how they are being allocated. And when giving a donation or a grant, you can restrict it. This ensures the money is specifically used for what you want it used for.
One more thing,he can always serve on a non-profit board.Finding good board members is hard! Many just join a board for the clout and pat on the back. Never attend meetings or actually do anything to help.
I hope your friend fiends what he’s looking for.
Oooo I like this. I think he would like this.
post 1625509443 12-14-2020, 12:07 PM
-
#19
  1. redraider86
  2. Christina Hansen
  1. redraider86
  2. Christina Hansen
  3. Join Date: Jun 2011
  4. Posts: 20,627
  5. Rep Power: 2064840
Originally Posted By Glutebrahhh⏩
I have the feeling that he doesn't just want to give money away. I think it's still a safety net that is too protective to give up, but he is eager/inclined to utilize the funds in a way that can still create value for others.

Oooo I like this. I think he would like this.
Makes sense. I feel similarly, and give to a very specific area of a charity so that it's a larger impact in this one area. Not sure if that's relevant or applicable but that could be a nudge in the right direction.
Train hard, train smart, have fun!

"I'm not autistic- I'm ARTISTIC." - etet1919
post 1625510823 12-14-2020, 12:23 PM
-
#20
  1. xbit7
  2. Registered User
  1. xbit7
  2. Registered User
  3. Join Date: Oct 2017
  4. Age: 29
  5. Posts: 2,055
  6. Rep Power: 6642
donate money to set up halfway houses, they help people get back on there feet and give them second chances on life.
Best dyslexia on the misc
Making Progress Crew
post 1625511733 12-14-2020, 12:31 PM
-
#21
  1. Glutebrahhh
  2. Glutes of Peace
  1. Glutebrahhh
  2. Glutes of Peace
  3. Join Date: Sep 2020
  4. Posts: 4,079
  5. Rep Power: 16807
Originally Posted By redraider86⏩
Makes sense. I feel similarly, and give to a very specific area of a charity so that it's a larger impact in this one area. Not sure if that's relevant or applicable but that could be a nudge in the right direction.
For sure. I think he's too used to just throwing money at things. This venture is more about what he is capable of.
Originally Posted By xbit7⏩
donate money to set up halfway houses, they help people get back on there feet and give them second chances on life.
Personally I'd find this hugely desirable (more for the money though). Even though property prices are at some kind of peak, this has so much life changing potential, and when it's all said and done, you're basically guaranteed to make a killing on your resale.
post 1625512593 12-14-2020, 12:39 PM
-
#22
  1. OptimistPrime11
  2. Banned
  1. OptimistPrime11
  2. Banned
  3. Join Date: Sep 2018
  4. Age: 56
  5. Posts: 8,834
  6. Rep Power: 0
If he is serious...PM me. I am a stock daytader (have been trading since I was a kid) and have made over $5 M this year trading. I am also an investment consultant who helps take private companies public.

I can help out.
post 1625513833 12-14-2020, 12:49 PM
-
#23
  1. Glutebrahhh
  2. Glutes of Peace
  1. Glutebrahhh
  2. Glutes of Peace
  3. Join Date: Sep 2020
  4. Posts: 4,079
  5. Rep Power: 16807
Originally Posted By OptimistPrime11⏩
If he is serious...PM me. I am a stock daytader (have been trading since I was a kid) and have made over $5 M this year trading. I am also an investment consultant who helps take private companies public.

I can help out.
I will remember this.
post 1625514913 12-14-2020, 01:00 PM
-
#24
  1. donblaximus
  2. Registered User
  1. donblaximus
  2. Registered User
  3. Join Date: Jul 2010
  4. Age: 50
  5. Posts: 12,396
  6. Rep Power: 70954
How the F are you supposed to know what drives him? He is essentially asking you for advice on how to be fullfilled......
If he has a ton of money, and an idea and wants to get your advice on how to make it happen thats one thing.

But what he is asking you for is laughable. You cant possibly help him understand what drives him do you?
post 1625515503 12-14-2020, 01:07 PM
-
#25
  1. Glutebrahhh
  2. Glutes of Peace
  1. Glutebrahhh
  2. Glutes of Peace
  3. Join Date: Sep 2020
  4. Posts: 4,079
  5. Rep Power: 16807
Originally Posted By donblaximus⏩
How the F are you supposed to know what drives him? He is essentially asking you for advice on how to be fullfilled......
If he has a ton of money, and an idea and wants to get your advice on how to make it happen thats one thing.

But what he is asking you for is laughable. You cant possibly help him understand what drives him do you?
Which is why I felt so inadequate so as to ask misc........... **** man she was just having a rant. I acknowledged how difficult it must be to find people to relate to. How the **** do you talk to plebs about what to do with all your wealth? You're damn right it's a laughable conversation. But a rich person is still a person, and honestly it's a life filled with the most unusual difficulties, and that's without saying anything of the crazy alienation you feel from everyone always.
post 1625515653 12-14-2020, 01:09 PM
-
#26
  1. thatsnarf
  2. Registered User
  1. thatsnarf
  2. Registered User
  3. Join Date: Jul 2013
  4. Posts: 6,200
  5. Rep Power: 21527
this is a subtle brag thread. fuk you op, nobody cares about you or your money.
post 1625516213 12-14-2020, 01:14 PM
-
#27
  1. Glutebrahhh
  2. Glutes of Peace
  1. Glutebrahhh
  2. Glutes of Peace
  3. Join Date: Sep 2020
  4. Posts: 4,079
  5. Rep Power: 16807
Originally Posted By thatsnarf⏩
this is a subtle brag thread. fuk you op, nobody cares about you or your money.
Brah I'm an office/wagecel. I mean I make okay money, but I have zero fukyou money

maybe some day.... I'll make sure to send you a christmas card with a crisp ben franklin in it.
post 1625516333 12-14-2020, 01:16 PM
-
#28
  1. OptimistPrime11
  2. Banned
  1. OptimistPrime11
  2. Banned
  3. Join Date: Sep 2018
  4. Age: 56
  5. Posts: 8,834
  6. Rep Power: 0
Originally Posted By Sophus⏩
Proof?
I have posted in the stock thread for a long time.

Just cleared many $hundreds of thousands in profits on RVVTF today, a stock I have been talking about since the late summer on there.

Bought it all at .15. Hit .70 today. Plus I have flipped it back and forth a 1000 times since summer.
post 1625518623 12-14-2020, 01:35 PM
-
#29
  1. donblaximus
  2. Registered User
  1. donblaximus
  2. Registered User
  3. Join Date: Jul 2010
  4. Age: 50
  5. Posts: 12,396
  6. Rep Power: 70954
Originally Posted By Glutebrahhh⏩
Which is why I felt so inadequate so as to ask misc........... **** man she was just having a rant. I acknowledged how difficult it must be to find people to relate to. How the **** do you talk to plebs about what to do with all your wealth? You're damn right it's a laughable conversation. But a rich person is still a person, and honestly it's a life filled with the most unusual difficulties, and that's without saying anything of the crazy alienation you feel from everyone always.


Double plot twist. OP's friend is an HBB.
Ok now we are on level ground. I just find it REALLY weird that she would ask about this in the context with money. How do I have conversations about what I do with my wealth? I DONT.

If she really has issues, she should just engage in a way that talks about her feelings, her challenges, her lack of fulfillment or whatever but that should not be in the context of money.
post 1625519313 12-14-2020, 01:41 PM
-
#30
  1. Glutebrahhh
  2. Glutes of Peace
  1. Glutebrahhh
  2. Glutes of Peace
  3. Join Date: Sep 2020
  4. Posts: 4,079
  5. Rep Power: 16807
Originally Posted By donblaximus⏩
Ok now we are on level ground. I just find it REALLY weird that she would ask about this in the context with money. How do I have conversations about what I do with my wealth? I DONT.

If she really has issues, she should just engage in a way that talks about her feelings, her challenges, her lack of fulfillment or whatever but that should not be in the context of money.
I don't doubt any of what you've said. She has a life coach. And a psychologist. I think everyone in her family does. They are all fcked up. But at the end of the day, I'm just a friend. I speak my truths, without any regard for her privileges or faults, which I imagine to be pretty refreshing - since almost all of her other interactions occur through the lens of a financial agreement as well.

But to reiterate my OP, and clarify, the conversation did occur with an intended use of the wealth. Why that and not something more personal? I do not know. Maybe she just wants to achieve her own financial success as well, while simultaneously helping others.
  1. Page 1 of 2
  2. 1
  3. 2
  5. Last
Quick Navigation Top Misc
Bookmarks
Digg.com
Digg
del.icio.us
del.icio.us
Stumbleupon.com
StumbleUpon
Google.com
Google
Facebook.com
Facebook
Posting Permissions
  1. You may not post new threads
  2. You may not post replies
  3. You may not post attachments
  4. You may not edit your posts