Perhaps, if an individual doesn't want to be a victim of resentment and stereotyping, they shouldn't drive a $150,000 car?
Especially at an age where it's extremely unlikely for that individual to have accrued the necessary wealth themselves.
Especially at an age where it's extremely unlikely for that individual to have accrued the necessary wealth themselves.
In any case, I think it's important to emphasize the individual has a choice.
No one is forcing these people to flaunt their wealth.
A less tongue in cheeck answer: they usually don't invest more than half their savings.
Source: http://www.financialsamurai.com/why-the-rich-hoard-so-much-c...
You can look at it as mere circulation of money. And let's be clear, this is circulation of money, not redistribution of wealth (as they are merely exchanging one asset for another at market rate)
Alternatively, you could see it as this individual making a decision about what humanity should do with scarce resources.
Should we direct them towards helping those in need, or to manufacturing luxury automobiles?
With great wealth comes great responsibility.