Thursday, 28 November 2013

How to Catch a Rich Man!

A friend of mine sent me this link. I found the topic quite interesting so I've decided to share :)!

A young and pretty lady posted this on a popular forum:

Title: What should I do to marry a rich guy?

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 $500k annual salary or above.You might say that I’m greedy, but an annual salary of $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 $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 $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(?), $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 CEO of J.P. Morgan:

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 analyse your situation as a professional investor.
My annual income is more than $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.

J.P. Morgan CEO

(Photo credit: Google images)

"A wife of noble character who can find?
    She is worth far more than rubies.

Her husband has full confidence in her

    and lacks nothing of value.

She brings him good, not harm,

    all the days of her life." 
Proverbs 31:1-3 (N.I.V)


Wednesday, 13 November 2013

10 Reasons why I love Reading

Image source:

I saw this picture on a blog and I couldn't stop laughing! It reminded me of Nigerian home videos that use almost thirty minutes to show different adverts for upcoming movies and commercials before the main movie even starts. I read because of the following reasons:

1.  I can. :p (It's sad how many can't read because of  inadequate resources, funds or national crisis)

2. It provides a way of escape (although short-lived). It's sometimes easier to lose myself in a book that to face reality.

3. I love it!!!

4. It offers me the opportunity to let loose my imagination, be fearless with no regard for anyone's feelings

5. I want to be powerful (Laughs). My elementary teacher told me that Knowledge is power so I want to know as much as I can.

6. It is way better than staring at the ceiling or trying to understand the logic behind the dry joke the guy across from me is saying .

7. I have nothing better to do :D

8. I want to know

9. I'm too lazy to switch on the TV

10. It's a family trait (My Dad still wakes up at night to read his papers, my Mom and Grandma their bibles and inspirational books, don't know what my brothers read - but read... They do!)

"For this very reason, make every effort to supplement your faith with virtue, and virtue with knowledge..." 

2 Peter 1:5 ESV