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I am certainly ready to receive a pension - have wanted one for a long time but do not meet government criteria.

Before I moved into my house, I used to stay in a 1 bedder in a large apartment block for 230 dollars per week rent. Financially, this was a lot better than living in my house but I did not enjoy the environment at all. Shared lifts, skanky neighbours, communal car park, saturday night loud...

The 680 used to be worth 750. I am not sure that I could withstand the pain of it going to 400 if investments went sour. I am constantly wishing to retire and feel that capital preservation is of paramount importance to me. If I was younger, I feel that I could take more risk and hope to...

What sort of business would you advise buying as a checkout dude in Coles? Most businesses require some input and expertise.

A well run business can last forever - BHP, CBA whereas buildings will decay and rot.

So what you are saying is that property is not the fastest way to grow net wealth but is the best way to keep wealth and securely transfer wealth to future generations?

What do you mean by wealth preservation in property?

Interesting point that self made millionaires were more likely to have share investments whilst inherited millionaires owned more property assets.

http://www.smh.com.au/executive-style/five-million-maketh-the-millionaire-20120726-22tzg.html Another interesting wealth report.

I guess the more extreme the difference in age between the older man and the younger woman reflects on more significant wealth, power and status of the man. Al Pacino clearly has loads of all three - with a 40 year difference. And I not sure that his hot young girlfriend is just with Al for his...

There are certain jobs that should not be left to subbies.

I think both the woman and pilates instructor would be dismissed if caught playing around. The podgy old man as long as he has his wits about him should still be in control.

We really do not know for sure about what really attracts a young hottie to a wealthy old man. We assume that the young hottie likes his money, fame and power. However, although this may form the basis of the initial attraction, she may then like him for his wisdom and life experience. Just like...

But a mighty fine achievement nonetheless. Nothing to be sneezed at. Something to aspire to.

Many media empires have been built based on such discussions.You are criticising the masses in quite an elitist fashion. We should not all pretend to be egalitarian tofu eating erudites practising bikram yoga whilst secretly sneaking a look the latest hottie to grace a distinguished man's arm.

These amazing girls are definitely status symbols as they are only available to men who have a lot of bucks and therefore bang for the bucks. Your average 60 year old man does not walk around with a young blonde of model looks. This means that you have reached a certain status in life to possess...

Thats the real problem here. The answer is probably never. If we put a monetary value on the amount necessary to get a hot blonde twenty years younger than the man, I reckon you need to be worth at least 50 mil. I just cannot see how that is achievable. From recent readings, there would only be...

All these guys are old, wealthy and powerful. They have earned their hot young blond and are worthy owners of such amazing status symbols.

True but despite what the young person wears, the young person should still be aware that a rolex is a symbol of wealth just as you are aware that only the wealthy own a rolls royce or a house in the Hamptons.

Sure but if you were living in abject poverty you would not buy a rolex at all. Similar to the hot young blond. If you were an old man living in abject poverty, you will not be able to attract a hot young blond. Hence our point about universal status symbols.