Tuesday, January 19, 2010

Young pretty lady wishes to marry a rich guy. Fantastic reply from a financial person(JP MORGAN)

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'm very pretty, have style and good taste. I wish to marry a guy with$500k annual salary or above. You might say that I'm greedy, but anannual salary of $1M is considered only as middle class in New York. Myrequirement is not high. Is there anyone in this forum who has an incomeof $500k annual salary? Are you all married? I wanted to ask: whatshould I do to marry rich persons like you? Among those I've dated, therichest is $250k annual income, and it seems that this is my upperlimit. If someone is going to move into high cost residential area onthe west of New York City Garden (?), $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 thenamesand addresses of bars, restaurant, gym)2) Which age group should I target?3) Why most wives of the riches is only average-looking? I've metafew girls who doesn't have looks and are not interesting, but they areable to marry rich guys4) How do you decide who can be your wife, and who can only beyourgirlfriend? (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 toanalyze your situation as a professional investor. My annual income ismore than $500k, which meets your requirement, so I hope everyonebelieves that I'm not wasting time here.From the standpoint of a business person, it is a bad decision to marryyou. The answer is very simple, so let m e explain. Put the detailsaside, what you're trying to do is an exchange of "beauty" and "money":Person A provides beauty, and Person B pays for it, fair and square.However, there's a deadly problem here, your beauty will fade, but mymoney will not be gone without any good reason. The fact is, my incomemight increase from year to year, but you can't be prettier year afteryear. Hence from the viewpoint of economics, I am an appreciation asset,and you are a depreciation asset. It's not just normal depreciation, butexponential depreciation. If that is your only asset, your value will bemuch worried 10 years laterBy the terms we use in Wall Street, every trading has a position, datingwith you is also a "trading position". I f the trade value dropped wewill sell it and it is not a good idea to keep it for long term - samegoes with the marriage that you wanted. It might be cruel to say this,but in order to make a wiser decision any assets with great depreciationvalue will be sold or "leased". Anyone with over $500k annual income isnot a fool; we would only date you, but will not marry you. I wouldadvice that you forget looking for any clues to marry a rich guy. And bythe way, you could make yourself to become a rich person with $500kannual income. This has better chance 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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