A janitor secretly amassed an $8 million fortune and left most of it to his library and hospital

What good is that money if he never used it for himself? I can't understand this sort of mentality.

>selfish
>doesn't understand philanthropy
Never gonna make it
and that's a good thing!

this

maybe he thought they'd make a statue out of him if he did it that way as opposed to just living the rich man life that's more common than the remembered with a statue life for being charitable?

To what end? Living your whole life as a janitor and having pins to hold your coat together when you're a millionaire just to donate some to a church? What guarantee do you think there is that all of that money will actually go towards charitable means, not pockets of somebody greedier?
I have hard time understanding his motivation tbqh.

You embrace the process of money making rather than money itself and / or its spending.
Basically a reversed roastie mentality

The author of Rich Dad Poor Dad, Robert Kiyosaki, donates hundreds of millions of dollars.
He's going to donate over a billion dollars in our lifetime.
If you want a lot, you must give a lot.
I suggest you watch some of his videos.
youtube.com/watch?v=7F9CdBcUKCo

>Janitor born in 1927
>Boomer

The author of rich dad poor dad isnt a janitor... and has amassed over 100x the wealth of the janitor. And more than likely spent more than 9 mil on himself.

I've no interest in giving a lot unless it's an investment. Not that I'm some greedy penny pinching fuck with no empathy, but I only help out people I know and care about. I've actually no interest in amassing some sort of massive fortune either, I'm only interested in having enough to own rural property in Europe, practice my hobbies, like climbing, and to travel about ( I'm cheap with this ). I don't give a fuck about owning some retarded plastic car that has a massive price tag and looks like shit, my only goal when I'm saving money is being able to use my time to pursue what I care about, because time is the most valuable thing I posses and unless money or whatever assets, you can't regain what you've lost already.

He has also donated 100 times as much.
If you want more, then give more.

Many people say to the "stove of life" give me heat, and then I'll put in the wood!
Put the wood in first and then you will get heat.

>unless money
Unlike money*

Don't buy stocks. Buy a promising 2019 alt like RFR and hold.

I don't understand your point, can you be more clear? I don't have the time to watch your video. Investing is necessary for returns -- I think this is clear for everyone on this board. Are you saying you must be charitable to make it?

DUDE JUST WAGE SLAVE FOR 75 YEARS

Attached: 1507534733276.jpg (1898x2274, 250K)

It seems like any idiot who is bankrupted becomes a financial self help guru. Did he make all that money selling his book?

Wtf I love jannies now.
Literally /ourguy/

>Many people say to the "stove of life" give me heat, and then I'll put in the wood!
Put the wood in first and then you will get heat.
Isnt this contrary to what you are saying? You have to have millions of dollars to give millions of dollars. You have to make money before you can give money.. You realize they become philanthropists to avoid paying taxes on all their wealth they accumulated from poor fags right? Are you from plebbit?

Well, I've been out of the game for a few years but I just made up my mind to invest what I save every month from now on. I don't give a fuck about risk anymore.

I think he realized that simply retiring and doing nothing will lead him to degeneracy and an early grave
and if he'd have bought expensive stuff people would've just bothered him
he did live to his 90s and article says he chopped his own wood so must've been mobile and active even in his 90s, not too many old timers can say that, so he must've done something right

sounds like a decent life, can't say I'd pick it though

This is the most retarded news and janitor if the world, he did absolutely nothing with his money, he wageslaved as a fucking janitor till fucking 92, for fucks sake, what was the point of investing it all if he didn’t use a single cent?

>You realize they become philanthropists to avoid paying taxes on all their wealth they accumulated
False. Philanthropists donate far more than they save on taxes.
Robert Kiyosaki has donated thousand of times more than he's saved on taxes by donating.

If you want more, then give more.
That's it.

(investing in stocks, in the jewiest of the sectors.)

It sounds like a comfy life. He was married with kids, probably only worked part-time or under 40 hours a week. Went to the same little cafe everything morning to eat the same comfy food, worked his little low-stress job and then returned to his home in a cozy little Vermont town. Who could ask for more?

He owned a house, had a wife, and two kids. He didn't have to worry about money, already a nice life what the fuck are you talking about.

A lot of it, yes. He is a rich boomer who owns over 1400 units of apartment housing and commercial property as well. A woman helped co-write the book. He also endorsed Trump 2016. Makes 15k - 20k a seminar telling people to buy gold and that the economy will be having the worst crash ever (which he said would happen in 2016). Sounds like ghandi

What a waste, to be honest. If he had put that money into a trust that invested in the S&P 500 it could have spun off cash for his favoured institutions in perpetuity, plus any living relatives he liked -- hell, maybe it could have supported some orphans over their lifetimes. Letting other people control all your wealth, with no legal restrictions, post-death is a guarantee it's going to get pissed away. Autonomous legal entities that produce wealth (i.e. trusts) are the key to ensuring your hard work will last through the generations.

>Philanthropists donate far more than they save on taxes.
Because they dont really pay much in taxes. How retarded are you? That's the point of the donations.

No, they are key to make sure some estate lawyer and a bunch of accountants siphon off their cut.

Yeah. He is so old he should have learned everything bounces back up.

Billionaires become philanthropists so that the chance of getting kidnapped and ransomed decreases.

THEY DO IT FOR A LOT

Youth and life is precious, it's short and you still spend 30% of it sleeping
Living in such a modest way and never enjoying a well deserved retirement is such a waste, but I can't really feel bad for the guy, he was probably happy and his generation is likely unable to imagine how to really enjoy life other than working

See kids, if you work 70 years straight and keep shoving money into the stock market ponzi to pay us dividends one day you can die and donate that to a library or hospital.

yeah a lot of people on Jow Forums are trying to catch the next tech boom ourselves.

and in our lifetimes there will be multiple tech booms, who knows what other investment opportunities there will be in the next few decades

The real reason Buffett and Gates and all these billionaires donate so much to charity is because they’ve come to believe in reincarnation and they know that because of all the ruthless business they engaged in to get to the top they’re probably gonna be reincarnated as some pajeet or African so they’re spending as much money improving their quality of life just in case. But you can’t outsmart karma kek

Any advice on investing in virtual reality companies?

this, on so many levels, kek

Yeah. Don't!

People that are happy with their life, makes me envy his mentality. To be a literal millionaire an still be a janitor for fun.

Too bad he wasted that 8 million on a fucking non-digital library of all things and a greedy as fuck burger hospital.

So... he just slightly beat inflation?

>Who could ask for more?
Me, what a dumb fucking question. I'd have a different Japanese woman sit on my face every single day.

What a rote shit life he had. He seemed like a total NPC with zero creativity. Good for him, he made some money and was happy, but Jesus to pretend like he wasn't a total simpleton who got lucky by getting in super fucking early is retarded.