A Priceless Answer to A Pretty Gold Digger

Posted by Kirhat | Tuesday, April 08, 2014 | | 0 comments »

Ms. Pretty
There are many single women who are always on the lookout for men who can stabilize their financial needs and sustain their limitless desire for shiny things. Also known as gold diggers, many of these women depend solely on their looks to snag a wealthy unsuspecting partners even if they are thrice their age.

There is really nothing wrong with a person being concerned about their financial stability. A long-term partnership means depending on each other through the ups and downs, and being financially reliable does help with that to a degree.

However, the difference between a gold digger and someone who values their partner's role as a provider is that the former would deride and perhaps leave their partners when they lose their ability to provide for them financially. A good person can appreciate financial resources among other things, but a gold digger appreciates only that, and will not see the relationship as worthwhile if their partners are not well off.

One such woman tried to attract the interest of wealthy individuals by publicly announcing her qualifications and requirements in a dating forum. However, instead of receiving salacious and decadent proposals, a quick-witted philosophical answer turned her down.

Check out the post of the woman first:
"I'm going to be honest of what I’m going to say here. I'm 25 this year. I’m very pretty, have style and good taste. I wish to marry a guy with US$ 500k annual salary or above. You might say that I’m greedy, but an annual salary of US$ 1M is considered only as middle class in New York.

My requirement is not high. Is there anyone in this forum who has an income of US$ 500k annual salary? Are you all married? I wanted to ask: what should I do to marry rich persons like you?

Among those I've dated, the richest is US$ 250k annual income, and it seems that this is my upper limit.

If someone is going to move into high cost residential area on the west of New York City Garden(?), US$ 250k annual income is not enough.

I'm here humbly to ask a few questions:
  1. Where do most rich bachelors hang out? (Please list down the names and addresses of bars, restaurant, gym)
  2. Which age group should I target?
  3. Why most wives of the riches are only average-looking? I’ve met a few girls who don’t have looks and are not interesting, but they are able to marry rich guys.
  4. How do you decide who can be your wife, and who can only be your girlfriend? (my target now is to get married)
Ms. Pretty
"
A philosophical reply from the CEO of J.P. Morgan below:
"Dear Ms. Pretty,

I have read your post with great interest. Guess there are lots of girls out there who have similar questions like yours. Please allow me to analyze your situation as a professional investor.

My annual income is more than US$ 500k, which meets your requirement, so I hope everyone believes that I’m not wasting time here.

From the standpoint of a business person, it is a bad decision to marry you. The answer is very simple, so let me explain.

Put the details aside, what you’re trying to do is an exchange of "beauty" and "money” : Person A provides beauty, and Person B pays for it, fair and square.

However, there’s a deadly problem here, your beauty will fade, but my money will not be gone without any good reason. The fact is, my income might increase from year to year, but you can’t be prettier year after year.

Hence from the viewpoint of economics, I am an appreciation asset, and you are a depreciation asset. It’s not just normal depreciation, but exponential depreciation. If that is your only asset, your value will be much worse 10 years later.

By the terms we use in Wall Street, every trading has a position, dating with you is also a "trading position".

If the trade value dropped we will sell it and it is not a good idea to keep it for long term – same goes with the marriage that you wanted. It might be cruel to say this, but in order to make a wiser decision any assets with great depreciation value will be sold or “leased”.

Anyone with over $500k annual income is not a fool; we would only date you, but will not marry you. I would advice that you forget looking for any clues to marry a rich guy. And by the way, you could make yourself to become a rich person with $500k annual income.This has better chance than finding a rich fool.

Hope this reply helps.

signed,
J.P. Morgan CEO
"

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