Comments on: Random thoughts on Wealthy PF Bloggers

By: Gregory Despain

Gregory Despain — Mon, 22 Aug 2011 10:03:39 +0000

Nice Blog, Will Deff Come back

By: lazymanandmoney

lazymanandmoney — Sat, 21 Oct 2006 15:48:24 +0000

Maybe you should visit Miserly Bastard. It seems his wife may have a lot more insight than just a typical PF Blogger. I'm not sure if he writes about it though.

By: Foobarista

Foobarista — Sat, 21 Oct 2006 09:25:08 +0000

You’re right – especially the debt and “frugal” bloggers are mostly people who have dug themselves out of debt after having some sort of “personal finance epiphany” – and who want to share their hard-learned lessons. Clearly, they aren’t rich if they did this, although they’ll probably get there – at least if you define “rich” as someone who can live comfortably off the cashflow generated by their assets.

Also, blogging in general is a game for the young; few bloggers appear to be over 40 and most seem to be under 30, while most self-made richer people are at least 40. And it’s true that most businesspeople are far to busy to be active bloggers.

One other thing: few PF bloggers give much in the way of “unusual” advice: it’s primarily standard stuff such as be in the stockmarket, buy income property, etc. I wish I could find a PF blogger who’s invested in a hedge fund or an unusual “high net worth” investment.

By: lazymanandmoney

lazymanandmoney — Sat, 21 Oct 2006 02:26:25 +0000

I guess it depends on your wealthy definition. Mark Cuban may be the richest, but I’m sure there are numerous tech people (maybe a large percentage of Google employees) who would qualify as wealthy in my book.

I think the PF bloggers that write about saving are often trying to get out of debt. First things first, I guess.

By: Empty Spaces

Empty Spaces — Sat, 21 Oct 2006 01:33:19 +0000

You can’t get rich by just saving your money. You need to invest it wisely.

unless you save like $100k a year then you’ll be a millionaire in 10 short years!

but i can’t save a dime on my salary. infact, i need to make an extra $15k every yr off investments just to pay the bills!!!!!

By: Empty Spaces

Empty Spaces — Sat, 21 Oct 2006 01:31:07 +0000

i think the only rich person with a blog is Mark cuban, and he’s sort of retired.

if i was really wealthy, i’d be too busy travelling the world and getting drunk at 3pm to have time to blog! ;-)

By: J.D. @ Get Rich Slowly

J.D. @ Get Rich Slowly — Fri, 20 Oct 2006 16:44:55 +0000

I’ve noticed this, too — saving money and making money are two sides to the same equation. They’re both important. I think that the reason most PF bloggers write about saving money is that it’s easier to do, and because most of us have a lot of experience with that. But income generation is very important, too. I try to write about it sometimes. I own two business, and have some limited experience with entrepreneurship. It’s a fun subject. (Ramit covers it well, of course — but then he doesn’t write much about the other side of the equation. Maybe he’s the balancing factor in all of this!)

By: lazymanandmoney

lazymanandmoney — Fri, 20 Oct 2006 16:03:33 +0000

I think that depends on the business. I should have been more clear though, do people starting new businesses have time to blog about personal finance? I would expect to see them in an entrepreneur circle. There may be some overlap, but I’m not sure there’s a lot of it.

By: Deyl

Deyl — Thu, 19 Oct 2006 22:12:59 +0000

its crucial for people starting businesses to blog if they want to be on the cutting edge of new ideas and information sharing