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Joined 1 year ago
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Cake day: October 15th, 2023

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  • You have a point that there’s a huge difference in the life of a minimum wage family and a family able to invest 6 figures. Context matters though and I think the point was that they didn’t have an overwhelming amount that can force success; we’re talking about a financial-secure and supported start that enables pursuit of things that are unlikely to pan out. Still no small luxury, by any means.

    even if mathematically their finances are closer to minimum wage earners than to the 0.0000001% of ultra wealthy.

    FWIW 0.1% is already 38 million dollars (net worth, US, 2012 data).

    E: Speaking of context, you were specifically talking about commonality between the, idk, bottom 1-10%, top 1-10%, and (whatever is ultra-wealthy). So my point may be the one made out-of-context.