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Wednesday, December 26, 2007

Marry a rich guy?

Extracted from an internet forum(send by a friend):-

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'mvery pretty, have style and good taste. I wish to marry a guy with $500kannual salary or above. You might say that I'm greedy, but an annual salaryof $1M is considered only as middle class in New York. My requirement isnot high. Is there anyone in this forum who has an income of $500k annualsalary? Are you all married? I wanted to ask: what should I do to marryrich persons like you? Among those I've dated, the richest is $250k annualincome, and it seems that this is my upper limit. If someone is going tomove into high cost residential area on the west of New York CityGarden(?), $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 andaddresses of bars, restaurant, gym)
2) Which age group should I target?
3) Why most wives of the riches is only average-looking? I've met a fewgirls who doesn't have looks and are not interesting, but they are able tomarry rich guys
4) How do you decide who can be your wife, and who can only be yourgirlfriend? (my target now is to get married)

Ms. Pretty

Here's a reply from a Wall Street Financial guy:

Dear Ms. Pretty,

I have read your post with great interest. Guess there are lots of girlsout there who have similar questions like yours. Please allow me to analyzeyour situation as a professional investor. My annual income is more than$500k, which meets your requirement, so I hope everyone believes that I'mnot 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 Aprovides 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 notbe gone without any good reason. The fact is, my income might increase fromyear to year, but you can't be prettier year after year. Hence from theviewpoint of economics, I am an appreciation asset, and you are adepreciation asset. It's not just normal depreciation, but exponentialdepreciation. If that is your only asset, your value will be much worried10 years later.

By the terms we use in Wall Street, every trading has a position, datingwith you is also a "trading position". If the trade value dropped we willsell it and it is not a good idea to keep it for long term ? same goes withthe marriage that you wanted. It might be cruel to say this, but in orderto make a wiser decision any assets with great depreciation value will besold or "leased". Anyone with over $500k annual income is not a fool; wewould only date you, but will not marry you. I would advice that you forgetlooking for any clues to marry a rich guy. And by the way, you could makeyourself to become a rich person with $500k annual income. This has betterchance than finding a rich fool.

Hope this reply helps. If you are interested in "leasing" services, docontact me.

signed, J.P. Morgan

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