Reply to: And guess what he does now?

[d000hg]

But they didn't go into it with the attitude I described, they thought it was for keeps due to their business ventures. When it unexpectedly dropped them back to Earth they were unprepared. In what I suggested, you would plan for it.

[Gibbon]

I personally wouldn't do that. But I can see the attraction of thinking "we managed without it, why not treat it like the prize it is and make the most of it". It's not a big enough sum to change your life dramatically as a middle-class family if you are 'boring', except meaning you don't have to work. And I like my work.

Yeah, and ending in marital breakdown and shamefully back at the bottom. There is nothing boring about self sufficiency, that is true freedom, the decision to work or not being yours. The partying,hedonism and trying to hang out with TT (fecking dubious in the extreme) are just the egotistical and self destructive outcomes of a shallow mind.

[d000hg]

I personally wouldn't do that. But I can see the attraction of thinking "we managed without it, why not treat it like the prize it is and make the most of it". It's not a big enough sum to change your life dramatically as a middle-class family if you are 'boring', except meaning you don't have to work. And I like my work.

[Gibbon]

Got figures? e.g. how many people retire each year (we could approximate using the annual birth rate or death rate or look up birth rate 65 years ago) and how many enroll on OU?

No, it's just a perception based on the average age of the attendees of courses I've done and in no way extrapolates out to the wider population. Just I'm a little envious of the time they get to revise the course work and insufferably at times
know all the answers!

I'm a little surprised at your blow it all and don't be boring manifesto though and I strongly suspect some trolling going on. How would you spend 1.8 million?

[vetran]

this guy's wife

Sounds as if she urged him into some of their riskier ventures, and what else could he do to avoid marital strife or even her walking out?

Marital coercion?

Didn't work well for Vicky?

[d000hg]

Cretins then if you are correct, but if the OU is anything to go by an awful lot are doing further education.

Got figures? e.g. how many people retire each year (we could approximate using the annual birth rate or death rate or look up birth rate 65 years ago) and how many enroll on OU?

[Gibbon]

Looking at what happens to people who retire, I don't think 'most' is the case. Seems more a case of people finding things to fill their time than being pleased they have time to fill.

Cretins then if you are correct, but if the OU is anything to go by an awful lot are doing further education.

[d000hg]

wannabee is correct, mightneverbee is also a possible outcome.

Most people surely have some other interest outside work which they could pursue more fully if they were work free.

Looking at what happens to people who retire, I don't think 'most' is the case. Seems more a case of people finding things to fill their time than being pleased they have time to fill.

I'm shocked! Who'd have thought organized religion was in it to make money?

Organised religion isn't the same as a religious organisation you cretin.

[suityou01]

Good link, but I wonder why that list doesn't include anything along the lines of running hotels, restaurants, bars, and clubs (not sure what the collective word is for that business area - not "catering" surely, but maybe comes under the general heading of "services").

Or are all those run my the Mafia in the US?

Factoid :

7% of GDP in Italy is from the Mafia.
9% of GDP in Britain is from the banking sector.

[OwlHoot]

Worth noting for all those who want to start a business:

Startup Business Failure Rate By Industry | Statistic Brain

71% of all startups fail within 10 years.

which basically means if you do start a business it will probably fail.

Good link, but I wonder why that list doesn't include anything along the lines of running hotels, restaurants, bars, and clubs (not sure what the collective word is for that business area - not "catering" surely, but maybe comes under the general heading of "services").

Or are all those run my the Mafia in the US?

[OwlHoot]

My business doesn't fail because I'm prudent in my financial matters, plan long term and don’t squander cash on unnecessary luxury items as this person did...

Would it have hurt to place a substantial amount in some safe assets, accounts for the long term in case things went belly up? Obviously too boring for this guy.

this guy's wife

Sounds as if she urged him into some of their riskier ventures, and what else could he do to avoid marital strife or even her walking out?

[bless 'em all]

Worth noting for all those who want to start a business:

Startup Business Failure Rate By Industry | Statistic Brain

71% of all startups fail within 10 years.

which basically means if you do start a business it will probably fail.

Businesses with Best Rate of Success After Fifth Year
1 Religious Organizations

I'm shocked! Who'd have thought organized religion was in it to make money?

[VectraMan]

Worth noting for all those who want to start a business:

Startup Business Failure Rate By Industry | Statistic Brain

71% of all startups fail within 10 years.

which basically means if you do start a business it will probably fail.

Those are US figures, but I guess the same more or less applies. Interesting that the number 2 biggest management mistake is "advice from family and friends". Too true.

[BlasterBates]

Worth noting for all those who want to start a business:

Startup Business Failure Rate By Industry | Statistic Brain

71% of all startups fail within 10 years.

which basically means if you do start a business it will probably fail.

[Gibbon]

Yes but you're a wannabee academic.

wannabee is correct, mightneverbee is also a possible outcome.

Most people surely have some other interest outside work which they could pursue more fully if they were work free.

Just trying to make more to consume more is an empty place to be IMHO.

Just bought this, my idea of conspicuous consumption.

Barrington Atlas of the Greek and Roman World: Amazon.co.uk: Richard J.A. Talbert: Books