Skip to main content

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. 

Popular posts from this blog

The 2026 Iran War Audit vs. OFW-Reliant Pinoy Pride Economists

It's a shame, really, that I didn't think about writing this article on OFWs again. I got somewhat fixated on the  gas prices , and my mind was exhausted. I thought about how I even asked, " Will #SahodItaasPresyoIbaba economics even lower down the prices of gasoline? " It's one thing that the Philippines has been overly reliant  on the Middle East for gasoline. What I overlooked was the OFW phenomenon again . It was so easy to hype on the OFW phenomenon, like what happened with the Filipino nurse, Ello Ed Mundsel Bello, way back in 2015. The OFW hype would've compounded the Philippine economy's "reliance model" to a whole new level of bottleneck!  Analyzing the bottleneck of relying on the Middle East It's already a known fact that several OFWs are sent to the Middle East. I even remember running across a presumably retired dancer who would be 64 today, on Facebook. The guy actually bragged about how he was a dancer at the Excelsior Hotel in...

A Destructive Obsession with Ayuda (Cash Handouts)

IBON Foundation Yesterday, I decided to write about how Pinoy Pride won't help pay that enormous PHP 13.42 Trillion debt . I thought I'd probably take a bit of a break to do some more research. However, I feel the need to write this post today since one of IBON Foundation's articles says that there's a destructive fetish for foreign investment . Then, another of IBON Foundation's articles says that there's money for Ayuda . I really feel insulted reading these since I'm a Masters Degree graduate in the School of Business and Economics. This really shows the destructive obsession with ayuda (cash handouts) and protectionism. IBON Foundation Above is one of IBON Foundation's charts. Some people on Facebook have gone as far as to call them Birdbrain Foundation. So what if there's money for ayuda or cash handouts? The problem here is that "think tanks" like IBON Foundation want to make it look like ayuda is more important. If asked to account ...

How is IBON Foundation Viewing and/or Representing FDI in Their Articles?

Some time ago, I wrote about why I can't take IBON Foundation seriously . As the battle for economic charter change is on, I believe it's time to tackle them again. They're tweeting here and there. Okay, I'm no researcher or organization. However, it doesn't mean that I can't do some basic research, share the research of others, and read other books. Even an intellectually stupid person can actually make sense if they gather the best materials. I even recall someone I know who's not intelligent but he actually spoke well about career opportunities, in the very school where he wasn't performing well! Trying to understand IBON's data presentation  I would like to address how IBON Foundation presents FDI growth. They would say stuff such as the claim job creation weakened despite FDI growth .  I was looking at IBON Foundation's claim (above) where it says that job creation allegedly weakened despite FDI inflows. Sure, they named sources but do they ...