Getting Jealous of Fake Millionaires Who CAN'T Back Up Their Claims?

Not everyone can be rich but at most, you don't retire broke. I really found this hilarious video on Youtube. It made me laugh harder than viewing a comedy movie. There are so many animations used and it's becoming ridiculous. I wrote about financial gurus who have claims that are too good to be true. In the world of investment, if the claim's too good to be true then you ought to reject it outright. It's like how cryptocurrency billionaires may just be paid to promote a scam after all. They might just be out there in some vicious networking scheme where scammers join in to scam others.

This reminds me of childhood stupidity. I guess it's very easy to fall for unbelievable stories as a child. I remembered how a classmate of mine (who now has a good career) once stupidly said, "So and so is richer because he has more nice stuff." Thankfully, his thinking patterns changed. Such wasn't the case with another person (with the name first name) who bragged he was rich because he had a lot of nice stuff. I remembered feeling poor because my parents didn't give me everything the cooler kids had. I felt outclassed and kept falling into fits of rage.

In the social media age, it's very easy to make up a story, right? I usually keep my Instagram private. I still like to use Instagram. Sadly, some people want to make it look like their lives are so much better than they are. It's very easy to set up a fake identity these days. It's very easy to say, "Oh I got so rich! Take a look at the photos!" Some pictures are easily edited. Photo edits can be easy to spot. What can't be so easy to spot is when a person starts becoming that irritating and very arrogant fake influencer.

I guess they never outgrew the bragging stage as a child. It's very easy to brag you live in a palace as a child. It's very easy to make up toys that never exist. I can rant on and on about how, we, as children lied over and over, just for fun. Sadly, some adults do the same thing and then hypocritically punish their children for lying to them. These days, you can get a lot of fake millionaires. It already almost reminds me of that Cebuano sitcom called Milyonaryong Mini or Fake Millionnaire.

I'll give an example of a stupid stunt I could do. I remembered I had a classmate who bragged he had PHP one million last Christmas and that his uncle was a co-owner of Duty-Free. However, it was far from the truth. Today, I could really start lying that I own Museo Sugbo which I don't own. I could go there, take pictures, have myself pictured, and say that it was all funded by me. Maybe, people who hardly know me can say, "Oh look! He's so rich!" I could then take a picture of somebody's Mercedes and say it's mine. I could then take a picture of somebody's building and say it's mine. It's very easy to pull that stunt to look believable, right?

I could remember lectures from some people on how someone's wealth isn't determined by their lifestyle but by how much money they saved and earned. I could have a lot of expensive stuff and be buried in debt. There's even the saying don't buy an expensive bag with no money in it. Buy a cheap bag and have a lot of money in it. Some people may have luxurious lifestyles but they're practically buried in debt. Someone I know who lived a luxurious lifestyle got abandoned by potential partners. Some people who are poor remain poor because they just want to impress others.

What can happen is that the fake millionaire can get exposed sooner or later. The fake millionaire got fired from the job for claiming they owned their workplace. People who invested in this fake millionaire are soon bound to want their money back. People who claim to have gotten rich so fast may have very little money in reality. They may start hosting seminars but the only money they got was through scamming others. They can even get defensive or make up fanciful stories if I demand for evidence of their so-called wealth.

Then I realized that real life must be silent. I should keep quiet about how much money I really have. Right now, I'm not exactly comfortably retired. I wish schools taught us how to invest. It's a good thing though that I'm invested and still investing. I should be quiet regardless of how much money I have. I have no intention to retire comfortably but I have no intention to be broke either.

COMMUNIST Vietnam Has Defeated DEMOCRATIC Philippines Again This 2025

Cổng thông tin Trung ương Đoàn TNCS Hồ Chí Minh A few days ago, I wrote about warning Filipinos that they shouldn't wait for more unmitigated typhoon disasters, before realizing that the Filipino First Policy isn't working ! There's a statement that says, "Just because being tanga (inattentive) is libre (free), doesn't mean you should be tanga!" Analyzing the different policies: why policies matter I found a Business World article, written by Cesar Polvorosa, Jr., on my Facebook news feed discussing the Vietnamese economy . In fact, it would be better to share some hard truths that the article offers about what really went wrong with the democratic Philippines compared to Communist Vietnam : DIVERGENT ECONOMIC MODELS Vietnam pursued an export-oriented manufacturing strategy which has proven significantly more successful over the past half century than the Philippines’ service-heavy, remittances-dependent model . Export performance alone tells a compe...

The OFW Working Abroad and Their Family on Christmas

It's a few days before Christmas. I don't like December because of heavy traffic, some people prefer Christmas shopping at the last minute (since procrastination is a common habit in the Philippines), the stress of year-end work, and December is the end of the year's cycle. I decided to write this entry. There's nothing wrong with celebrating Christmas or having a good time. The problem comes when one celebrates beyond one's means (read here ). That means having extravagant Christmas parties that require a music band that one can't afford, inviting the whole village, etc. when one can't afford it. Speaking of which, these incidents remind me of OFW families. I remember a study presented at the University of San Carlos. If I remember correctly, it was done by accounting students. It was a study showing the spending habits of OFW families. Outstanding Filipinos Worldwide Facebook Page Here's a meme on Facebook that I found. For the sake of non-Tagalog spea...

Having the BADLY NEEDED Tenacity to Hold My PSEi Related Investments During INEVITABLE Paper Losses

I decided to do a portfolio review, especially because Christmas to New Year is around the corner . I thought about checking my AXA Chinese Tycoon Fund. For the sake of confidentiality , I wouldn't give out the exact loss. I was tempted to sell my AXA Chinese Tycoon Fund (which was at a paper loss , not an actual loss) and go for cryptocurrency . However, after looking at the ghost of Quadriga-CX Crypto Scam made I said, "I need to stick to what Warren Buffett said about the stock market." Buffett's advice doesn't require an MBA or even a PhD in business administration to understand them. Instead, I was looking at these lessons that Buffett such as: If I'm not willing to open to own a stock for 10 minutes, I shouldn't think of owning it for ten years! Definitely no day trading for me! The stock market is a device that transfers money from impatient people to patient people. I have to be more patient as the stock market inevitably corrects itself, unless t...

Economics 101: Pre-Colonial Philippine Natives Already Did Business with Foreigners

Art by Hugo Yunzon It's finally August or Buwan Ng Wika (Month of the Language), though it may be better to call it Buwan Ng Kultura (Month of the Culture). Buwan Ng Wika programs tend to focus more on the uniqueness of several types of Filipino people. What I recall back in my high school days (late 1990s) is how I was asked to play an "American" in a Buwan Ng Wika program. There were also other people asked to portray the Chinese traders, Arab traders, Indian traders, and the Japanese occupation. It would be good to do a review of the pre-colonial Philippines. The name Philippines was derived from the Spanish king, King Philip. Back then, the natives were called Indios which sounds very similar to Indonesia . Yes, most Filipinos are either Malay or Indo. A look at the Indonesians and Malaysians would have one mistake them for Filipinos. A note is that the Chinese population there usually speaks Hokkien. From Purdue Filpino --here's some basic information about Fili...

Are People Who Insist That Workers Own the Means of Production Be Willing to Open a Business Where Workers Own the Means of Production?

Last 2022, I wrote two articles on the means of production. One article I wrote refutes the idea that workers, not the business owners, own the means of production . Another article discussed whether or not anti-capitalists have no choice because capitalists own the means of production . The other day, I wrote a dare where I want people who insist on #SahodItaasPresyoIbaba economics (higher salaries, lower prices) to open stores that operate on that mindset . I'm afraid that what I wrote was merely the tip of the iceberg . With that in mind, I'd like to ask people who say that the workers own the means of production to open a business, where the workers own the means of production. What's their reasoning behind the logic that the workers own the means of production? The common logic is that because the workers did all the hard work they own the production. They say that the businessman can die but not the workers. It's because according to these smart alecks--it's b...

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