Ask HN: How to continue to be gracious about the good fortune of rich friends?

Re:Ask HN: How to continue to be gracious about the good for... by hsbauauvhabzb on Tuesday January 04, 2022 @05:42PM (#29801845)

On the flip side, I wish people were more open and honest with their careers - I never knew how much money was in certain career paths compared to others. Since then I’m making 5-10x my friends and without trying to rub it in am honest (income is great, but comes with a pound of flesh).

I want them to know so they can make a conscious decision for themselves rather than unknowingly go down a path full of glass ceilings.

Edit: and a good influence pushing me into buying property a decade earlier certainly would have had massive effects on my life too.

Point is leverage your friends’ experience and influence, I’m sure they have a wealth of knowledge or can help you gain a step up (keyword: help, not give you a free ride). Others have said ‘don’t copy’ and I agree in some contexts, but my friends certainly have business gaps I can fill which are mutually beneficial.

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Re:Ask HN: How to continue to be gracious about the good for... by killingtime74 on Tuesday January 04, 2022 @07:40PM (#29803234)

I have done this for my friends and they have not taken my advice so I’ve stopped. Things that were all easily within their ability to do. E.g apply to a great company with referrals vs their dead end one (they said it themselves), buying in the capital city the same time as me rather than in a satellite city and missing out on gains. Buying a boat to live on to “save rent” rather than an investment property.

I just keep quiet now since people don’t do things they’ve not “come up with” themselves

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Re:Ask HN: How to continue to be gracious about the good for... by hiphopfox on Tuesday January 04, 2022 @08:16PM (#29803592)

> buying in the capital city the same time as me rather than in a satellite city and missing out on gains

"You should have taken risk X rather than risk Y because X paid off" is not helpful advice.

Hindsight is 20/20, and different people have different safety buffers and values that will guide them to capital city vs satellite city.

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Re:Ask HN: How to continue to be gracious about the good for... by killingtime74 on Tuesday January 04, 2022 @09:08PM (#29804052)

I gave the advice contemporaneously as I was buying not in hind sight.

Ah well, it’s probably good they didn’t follow my advice. if they make money they are geniuses, if they lose it’s my fault.

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Re:Ask HN: How to continue to be gracious about the good for... by balaji1 on Tuesday January 04, 2022 @06:26PM (#29802462)

There were and will be several people pushing to buy property, Bitcoin, a particular stock, etc at different points in the past. Investing in things like property makes more sense and somewhat more timeless than things like Bitcoin. But still hard to pick the right influence at the right time. Same for investing in learning a particular skill.

But you make a good point to learn from others' experience and to have more good and consistent influences. And I wish I had some and I had listened to some.

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Re:Ask HN: How to continue to be gracious about the good for... by amansidhant on Tuesday January 04, 2022 @06:02PM (#29802129)

Could you offer some examples of such career paths? Are these not in tech?

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Re:Ask HN: How to continue to be gracious about the good for... by hsbauauvhabzb on Wednesday January 05, 2022 @08:46AM (#29808791)

I was a developer, now in IT security, I started a business and haven’t looked back since then. If you’re highly technical and can stand the work, right now is absolutely the time to kick off IT security stuff

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