Are there any millionaires who contribute to MSE?

HedgehogRulez

I’m Spartacus!

ChesterDog

Personally, I would credit primarily Monevator and my own research and experience, rather than MSE.

I've used MSE posts and threads for education and information purposes, certainly, but primarily for entertainment - I've an inherent interest in the subject matter.

I contribute now and then, but generally don't really have the time (we retired in our early forties, two decades ago, but life circumstances keep me in particular very busy) and - in most matters - others are more knowledgeable and better placed for it.

Fully in keeping with the most sensible investment ethos, my wife (who has only a passing interest in the subject) has investments that have significantly outperformed my own. That's because we are both diversified globally, both greatly favour passive index trackers and low costs, but each year, when we consider changing or tweaking things, she tends to leave things alone completely. Plus, I do like a little spice (3i, I'm looking at you...).

artyboy

Ibrahim5 said:

I am a millionaire who tries to help people on MSE. Some people don't want to listen though.

Communication style counts for a lot...

MeadowsVale

Most proper millionaires (liquid assets) don't shout about it from the roof tops and not all live in mansions or 'show it'.

The only type of millionaire who will own up in a public forum are the type who went public after winning the lottery, and only less than 10% do that.

kempiejon

I am not sure what relevance specifically being a millionaire is or those that are or are not declaring they are. Some people frequent the boards for tips and household tricks, some have debt, or want details on benefits or tax, others come for investment and pensions or home buying and borrowing. I do like efficiency and don't like waste and moneysaving is a part of that. Martin's work early on and today is more useful to the less well off trying to wring the last drop and try to run out of month rather than money first.
The incremental changes and savings the site offers can compound over time - we all know about compound interest don't we.

GeoffTF

MeadowsVale said:

Most proper millionaires (liquid assets) don't shout about it from the roof tops and not all live in mansions or 'show it'.

The only type of millionaire who will own up in a public forum are the type who went public after winning the lottery, and only less than 10% do that.

Some flaunt their wealth others do the opposite. I am not aware of any statistics on that. "Owning up" here means nothing. We can say what we like. It does not have to be true. We could post forged statements if we found that amusing.

Albermarle

artyboy said:

Ibrahim5 said:

I am a millionaire who tries to help people on MSE. Some people don't want to listen though.

Communication style counts for a lot...

As Frank Carson said - It's the way you tell 'em

Cus

Ibrahim5 said:

I am a millionaire who tries to help people on MSE. Some people don't want to listen though.

Almost as rich as your IFA

GeoffTF

Cus said:

Ibrahim5 said:

I am a millionaire who tries to help people on MSE. Some people don't want to listen though.

Almost as rich as your IFA

He could be using HSBC. "HELEN KIRRANE visits super-secret new HSBC branch in London exclusively for well-heeled customers":
https://www.thisismoney.co.uk/money/saving/article-14910633/HELEN-KIRRANE-visits-super-secret-new-HSBC-branch-London-exclusively-heeled-customers.html

"As well as the Selfridges sweetener, it has cut financial advice fees to 1 per cent from 2.75 per cent for Premier customers to tempt them to park their investments with HSBC."

I have got a used bin bag that I am selling for £1,000. I will let you have it for £300 if you can prove that you have an income of more than £100,000.

Hoenir

artyboy said:

Ibrahim5 said:

I am a millionaire who tries to help people on MSE. Some people don't want to listen though.

Communication style counts for a lot...

Obsessions don't help either.