I had a boss years ago and I knew everything about his financial situation because he had hired me to trade S&P500 futures with/for him. He had about $20 million in stock, a beach house in South Carolina worth a couple million, and he owned a temp agency that paid him about $40,000 a month, so he was certainly rich by any normal human standards. But he had moved from San Francisco and was friends with a bunch of venture capital types who were all worth more than a couple of hundred million dollars, and it was obvious that his (relative) poverty absolutely burned him to his core. This was why he imagined that day-trading futures was going to be his key to the really big time - he could never see that the brokerages we dealt with were just scamming him.
I had a boss years ago and I knew everything about his financial situation because he had hired me to trade S&P500 futures with/for him. He had about $20 million in stock, a beach house in South Carolina worth a couple million, and he owned a temp agency that paid him about $40,000 a month, so he was certainly rich by any normal human standards. But he had moved from San Francisco and was friends with a bunch of venture capital types who were all worth more than a couple of hundred million dollars, and it was obvious that his (relative) poverty absolutely burned him to his core. This was why he imagined that day-trading futures was going to be his key to the really big time - he could never see that the brokerages we dealt with were just scamming him.